News list for " Oil"
The total number of oil rigs in the United States in the week to January 24 was 472, compared with 478 previously.
Baker Hughes Oil Service: The number of oil and gas rigs in the United States has fallen to its lowest level since December 2021.
Russian President Vladimir Putin: Willing to hold talks with US President Donald Trump on oil prices and energy issues.
The US and cloth oil prices fell by $0.6 in the short term, and are now reported at $74.25/barrel and $77.45/barrel.
Shale oil bosses say Wall Street will not approve another round of drilling frenzy. Click to view...
On January 24th, Trump announced at the World Economic Forum in Davos, Switzerland on Thursday that he would ask Saudi Arabia and OPEC to lower oil prices, and said he would ask Riyadh to increase its proposed investment package in the United States from an initial $600 billion to $1 trillion. "If oil prices go down, the Russian-Ukrainian conflict will end immediately," Trump: "Now, oil prices are high enough for the conflict to continue - oil prices must come down." After these remarks, interna...
U.S. EIA crude oil inventories for the week to January 17 - 1.017 million barrels, expectations - 1.645 million barrels, previous values - 1.962 million barrels.
U.S. EIA Cushing, Oklahoma crude oil inventories for the week to January 17 - 148,000 barrels, the previous value was 765,000 barrels.
The US EIA strategic petroleum reserve stocks 249,000 barrels in the week to January 17, and the previous value was 500,000 barrels.
EIA report: the week of January 17, the US strategic petroleum reserve (SPR) inventories increased by 249,000 barrels to 394.60 million barrels, an increase of 0.06%.
EIA report: Commercial crude oil inventories excluding strategic reserves fell 1.017 million barrels to 412 million barrels, a decrease of 0.25%.
EIA report: the four-week average supply of U.S. crude oil products was 19.652 million barrels per day, an increase of 0.67% over the same period last year.
EIA report: January 17 week U.S. domestic crude oil production decreased by 4,000 barrels to 13.477 million barrels per day.
The US EIA strategic petroleum reserve inventories for the week ending January 17 were the highest since the week ending November 4, 2022.
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