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By Georgina Mccartney and Liz Hampton Crude inventories rise 17.4 million barrels to 424.4 million barrels, EIA says US crude exports fall to 3.06 million bpd, lowest since November 2025, EIA says Net US crude imports rise 1.77 million bpd, highest since June 2025, EIA says HOUSTON/DENVER, Aug 12 (Reuters) – U.S. crude stocks excluding …
U.S. Crude Inventories Rise by Most in 3.5 Years as Exports Slump Read More »
World faces a shortfall of 1.8 million barrels a day this quarter By Grant Smith Global oil markets are undergoing a more severe supply squeeze than expected following renewed escalation in the Iran war, even as demand takes a deeper hit from higher prices, the International Energy Agency (IEA) said. The world faces a shortfall …
Oil Supply Shortfall Worsens Despite Hit to Demand From Iran War, Says IEA Read More »
trta (Reuters) – U.S. crude stocks excluding barrels in the Strategic Petroleum Reserve posted a surprise build and made their largest weekly gain since January 2023 last week as exports slumped, the Energy Information Administration said on Wednesday. Crude inventories rose by 17.4 million barrels to 424.4 million barrels in the week ended August 7, …
US Crude Stocks See Largest Weekly Rise in 3.5 Years, EIA Says Read More »
(Reuters) – Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 6.1 million barrels to 298.7 million barrels last week, the lowest level since January 1983, according to data from the Department of Energy. The drawdowns are part of a U.S. agreement to release 172 million barrels from the facility. Reporting …
(Reuters) – U.S. crude stocks rose as refineries eased processing slightly and imports edged higher, data from the Energy Information Administration showed on Wednesday. Crude inventories rose by 2.5 million barrels to 407 million barrels in the week ended July 31, the EIA said, compared with analysts’ expectations in a Reuters poll for a 1.5 …
US Crude Inventories Rise as Refinery Runs Ease and Imports Climb, EIA Says Read More »
Fuel prices are rising but the Strategic Petroleum Reserve may not play a role in this phase of the Hormuz crisis. By Ari Natter and Lucia Kassai The cost of fuel is climbing again as the US-Iran war widens, but this time there’s little indication that Washington will tap its crude stockpiles to bring prices …
US Doesn’t Plan to Tap Oil Stockpiles Again as Iran War Escalates Read More »
HOUSTON, July 28 (Reuters) – U.S. crude inventories fell, while fuel stocks rose last week, market sources said on Tuesday, citing data from the American Petroleum Institute. Crude stocks fell by about 3.3 million barrels in the week ended July 24, the sources said on condition of anonymity. Gasoline inventories rose by 918,000 barrels, while …
API Shows Fall in Weekly US Crude Stocks, Rise in Fuel Inventories, Sources Say Read More »
(Reuters) – Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 3.7 million barrels to 307.7 million barrels last week, the lowest level since March 1983, according to data from the Department of Energy. The drawdowns are part of a U.S. agreement to release 172 million barrels from the facility. Reporting …
July 21 (Reuters) – The International Energy Agency’s (IEA) member countries still hold substantial emergency oil stocks in reserve despite the largest coordinated release of strategic reserves on record, it said on Tuesday. The agency said that about 290 million barrels of oil have been released by member countries since the release was announced on …
IEA Says Substantial Emergency Oil Stocks Remain After Record Release Read More »
(Reuters) – Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 5.1 million barrels to 311.4 million barrels last week, the lowest level since March 1983, according to data from the Department of Energy. The drawdowns are part of a U.S. agreement to release 172 million barrels from the facility. Since …
