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US oil futures rise

Oil prices settle lower as U.S. crude supplies fall but product stocks rise

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate stockpiles climbed by more than 6 million barrels each.

Reuters on MSN · 1h

Saudi crude oil supply to China set to fall in Feb vs Jan, sources say

Saudi Arabia's crude oil supply to China is set to decline in February from the prior month, trade sources said on Thursday, after the kingdom hiked its official selling prices to Asia for the first time in three months.

uk.investing.com on MSN · 1d

US oil futures rise after API reports much larger drop in US crude stocks

U.S. crude oil futures inched higher in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude stockpiles. Crude Oil WTI Futures,

Russian Oil Depot In Flames

Newsweek on MSN · 23h

Russian Oil Depot Used by Putin's Nuclear Bombers on Fire After Drone Raid

The Russian city of Saratov and nearby Engels, which hosts a major air base, "were subjected to a massive UAV attack last night," the regional governor said.

U.S. News & World Report · 22h

Ukraine Strikes Russian Oil Depot Serving Airfield, Military Says

It reported multiple explosions and a big fire at "Kristal" oil depot, which it said provided fuel to the "Engels-2" military airfield, where Russia's strategic bomber fleet is based. "The strike of the oil depot creates serious logistical problems for the strategic aviation of the Russian occupiers and significantly reduces their ability to strike at peaceful Ukrainian cities and civilian objects,

UPI News on MSN · 15h

Ukraine says it struck Russian strategic oil depot, sparking fire

Ukraine's armed forces said Wednesday they attacked a strategic Russian oil depot overnight used to provide fuel for strategic bombers. A huge fire erupted at the Kombinat Kristall depot in the Russian city of Engels.

BP projects 44% jump in oil output from India's largest field, ONGC says

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...

14hon MSN

Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings

Exxon Mobil has warned that lower oil prices and a squeeze on refinery margins will hurt its fourth-quarter earnings. Exxon ...

15hon MSN

U.S. Crude Oil Stockpiles Extend Decline to Seven Weeks

U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries ...

10hon MSN

Shell writes down Namibia oil discovery in blow to country

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a ...

1don MSN

Trump’s oil promises have bigger problems than Biden’s new offshore drilling ban

President Joe Biden's move to protect offshore areas is largely symbolic, but the economic factors that may limit oil output ...

2don MSN

Trump plans to 'immediately' reverse Biden's 'ridiculous' ban on new oil and gas drilling along US coast

President-elect Donald Trump said he will "unban" President Biden's executive order blocking new oil and gas drilling across ...

14hon MSN

US oil imports from Canada hit record ahead of tariffs threat, EIA data shows

U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information ...

Oil Averaging $65 in ‘25 to Keep OPEC+ Under Pressure, BofA Says

International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries ...

2don MSN

Biden issues ban on offshore oil and gas drilling in most federal waters. Trump vows to undo it

Biden's last-minute actions could be difficult for President-elect Trump to unwind, since they would likely require an act of ...

12hon MSN

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information ...

Alaska Dispatch News1d

Alaska is suing the Biden administration over Friday’s Arctic refuge oil lease sale. Will there be much bidding this time?

The state argues that restrictions imposed on the lease sale are designed to block oil and gas activity, violating a 2017 law ...

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