Oil Mixed After U.S. Stock Build, Big Inflation Figure
Oil prices were little changed on Wednesday after U.S.
Oil Steady As Concerns Over Weaker Economy Offset Tight Supplies
Oil prices were little changed on Wednesday, giving up early gains as worries about a weaker global economy offset data showing a weekly drawdown in U.S.
Oil Slides 2% On Rising U.S. Fuel Stocks And Output
Oil prices slid about 2% on Wednesday as a rise in U.S.
Oil Slips On China Lockdowns, But Bullish Trends Intact
Oil prices dipped on Thursday but still hovered near three-month highs after parts of Shanghai imposed new COVID-19 lockdown measures, as strong gains in refined products contributed to an ongoing bullish backdrop for crude oil.
Oil Edges Higher On Tight Supply, Rising U.S. Refining Activity
Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to their highest level since before the coronavirus pandemic started.
Oil Edges Higher On Tight Supply, Surge In U.S. Refining Activity
Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to their highest level since before the coronavirus pandemic started.
Oil Swings Wildly, Rebounding To Gains After Steep Losses
Oil prices rebounded from earlier losses in another volatile session on Thursday as Chinese officials planned to ease restrictions in Shanghai, which could further tighten global energy supply, and as the dollar retreated from recent gains.
Oil Rebounds From Two Days Of Losses In Volatile Trade
Oil prices rebounded from two days of losses in a volatile session on Thursday, bolstered by weakness in the dollar and expectations that China could ease some lockdown restrictions that could boost demand.
Oil Jumps $5 A Barrel As EU Nears Ban On Russian Oil
Oil prices jumped on Wednesday, as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil, raising concerns about further market tightness as those nations hunt for adequate supply.
Oil Prices Edge Up As Worldwide Supply Concerns Remain At The Fore
Oil prices rose modestly on Wednesday due to ongoing concerns about tight worldwide supply, underscored by another drawdown in U.S. distillate and gasoline inventories.
Oil Prices Dip As Dollar Soars, U.S. Crude Stocks Edge Higher
Oil prices dipped on Wednesday as a soaring U.S. dollar made barrels more expensive and coronavirus outbreaks in China clouded the economic outlook in the world's biggest importer of crude oil.
U.S. Crude Stocks Surge On Strategic Reserve Release
U.S. crude stocks surged by more than 9 million barrels, in part due to releases from the nation's strategic reserves, while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday.
Oil Jumps 5% As Caspian Pipeline Disruption Adds To Supply Fears
Oil prices jumped 5% to over $121 a barrel on Wednesday as disruptions to Russian and Kazakh crude exports via the Caspian Pipeline Consortium (CPC) pipeline added to worries over tight global supplies.
Oil Dips On Russia-Ukraine Talks, U.S. Inventory Data
Oil lost ground for the fifth time in the last six days on Wednesday as traders reacted to hoped-for progress in Russia-Ukraine peace talks and a surprising increase in U.S.
Protesters At Energy Conference Find Support For Their Cause - Ukraine
Oil industry conferences usually feature protesters of some kind, but the small group holding signs all week just a block away from the CERAWeek energy gathering aren't championing the environment - their cause is Ukraine.
Power Generation Faces Challenge Of Both Transition And Climate Change
Utility executives said on Thursday that their industry is facing higher costs in years to come to deal with the twin challenges of the transition to clean energy and protecting grids against worsening climate events.
U.S. Energy Secretary Urges Companies To Boost Oil, Gas Output
Any oil and gas company that can increase supply should do so quickly due to the growing energy crisis following Russia's invasion of Ukraine, U.S.
Ukraine Crisis Is A 'Defining Moment' For The Century, U.S. Climate Czar Kerry Says
The Ukraine crisis is going to be a "defining moment" for this century, U.S.
U.S. Climate Czar Kerry Says Ukraine Crisis Is A 'Defining Moment' For The Century
U.S. climate envoy John Kerry said on Monday that the crisis in Ukraine is going to be a "defining moment" for this century, saying the stakes "could not be higher," even if the world has to live with higher energy costs for a time.
Oil Marches Higher, With Few Paths Seen To Alleviate Russian Supply Disruption
Oil relentlessly marched higher beyond $110 a barrel on Wednesday, responding to a flood of divestment from Russian oil assets by major companies and expectations that the market will remain short of supply for months to come.
Oil Blasts Through $110/bbl, As Few Alternatives Seen To Russian Supply
Oil surged relentlessly beyond $110 a barrel on Wednesday, extending its rally since Russia invaded Ukraine seven days ago, on expectations that the market will remain short of supply for months to come following sanctions on Moscow and a flood of divestment from Russian oil assets by major companies.
Analysis-Oil's Journey From Worthless In The Pandemic To $100 A Barrel
In July 2020, just a few months after the COVID-19 pandemic started to spiral out of control, Shell CEO Ben van Beurden declared world oil demand may have passed its peak - all but condemning his company's core business to eventual obscurity.
Oil Prices Steady After Big Drop In U.S. Crude Stocks
GLOBAL-OIL:Oil prices steady after big drop in U.S. crude stocks
US Judge Halts Keystone XL Oil Pipeline In Blow To Trump, Trudeau
A U.S. judge in Montana has blocked construction of the Keystone XL pipeline designed to carry heavy crude oil from Canada to the United States, drawing praise on Friday from environmental groups and a rebuke from President Donald Trump.
