Oil prices settle lower as U.S. crude supplies fall but product stocks rise Weekly gasoline stockpiles climb by more than 6 million barrels, EIA says Last Updated: Jan. 8, 2025 at 3:22 p.m. ET ...

(Reuters) -U.S. crude oil stockpiles were expected to have fallen last week while gasoline and distillate inventories likely rose, an extended Reuters poll showed on Wednesday. Nine analysts ...

with multibillion-dollar pipelines and sprawling refineries built for Canadians to funnel stateside the tar-like crude from booming oil fields in Alberta. Surging trade has driven down prices at ...

For the week prior, the API reported a draw of 2.6-million-barrel in U.S. crude oil inventories in the midst of build season, while product inventories saw a hefty build for multiple weeks in a row.

The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook. The U.S. Energy Information Administration (EIA ...

1051 GMT – Crude futures return to positive territory after opening the trading session lower as markets mull trade and tariff risks under Donald Trump’s presidency. Brent crude is up 0.5% to ...

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As a result, infrastructure and rail stocks are expected to remain under investor focus in the near term," said Anshul Jain of Lakshmishree Investment and Securities. Crude Oil: A stronger US dollar ...

Many U.S. states depend on power generated in Canada. (Iowa State University) Herman points out that unless the U.S. exempts crude oil from any general tariff on Canadian imports, Canadian action ...

“We rely on imports of those crude products from other parts of the world that have heavier quality crude, like Canada,” Mr. Sommers said.