US crude inventories drop 7.2 million barrels as Iran war disrupts Middle East supply
US commercial crude inventories fell by 7.2 million barrels last week and the Strategic Petroleum Reserve dropped by 3.8 million…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Dow drops 819 points as oil spikes 6.9% ahead of Fed rate decision
Wall Street's main indexes fell on Wednesday, with the Dow Jones Industrial Average down 819 points as oil prices spiked…
Oil jumps 7% as Middle East airstrikes resume and U.S. crude stockpiles hit a 2018 low
Oil prices climbed 7% on Wednesday as airstrikes resumed in the Middle East and U.S. government data put crude inventories…
Guyana Nears One Million Barrels Per Day as Exxon Readies Fifth Offshore Project
Guyana is on track to pass one million barrels of oil per day as ExxonMobil brings a fifth offshore project…
Treasury yields rise ahead of Fed decision as oil jumps 6.9%
U.S. Treasury yields rose on Wednesday as investors waited for the Federal Reserve's interest rate decision and chair Kevin Warsh's…
