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M barrels. Crude inventory change: -4.3M barrels vs. -2.8M barrels for the week ended May 23. Consensus estimate -2.900M.
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...
The Backbone of Modern Industry. crude oil is a naturally occurring fossil fuel that has been the cornerstone of modern ...
Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ ...
Oil’s recent consolidation suggests a bullish breakout is building, supported by a reclaimed 50-Day MA, bull flag formation, ...
Commercial crude stocks are seen falling by 1.3 million barrels to 439.1 million barrels, according to the average estimate of 10 analysts and traders. Seven expect a decline and three predict an ...
Crude oil holds above key support as OPEC+ limits output and geopolitical risks tighten supply. Traders eye bullish oil ...
Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.
Crude prices lingering below $65 are benefiting U.S. consumers at the pump, but they’re squeezing shale producers ...
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.64 per barrel, ...
India’s imports of Russian crude oil rose to 1.96 million barrels per day in May 2025, driven by significant price discounts ...