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EIA reports a weekly fall in U.S. crude supplies

US crude oil stocks excluding SPR fall to 2-year low, EIA says

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.

MarketWatch · 22h

EIA reports a weekly fall in U.S. crude supplies, but inventory rises

Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in

Markets Insider on MSN · 22h

Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.

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China response key to crude oil after new sanctions on Russia: Russell

By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting ...

Crude Oil Prices1d

Crude Inventories Continue to Draw as Product Inventories Soar

The API reported yet another draw in crude oil inventories, but fuel inventories continue to increase at a clip ...

U.S. Crude-Oil Stocks Seen Falling for Eighth Straight Week, Analysts Say

Commercial crude stockpiles are estimated to have fallen by 1.1 million barrels to 413.5 million barrels in the week ended Jan. 10, according to the average forecast of 10 analysts and traders. Seven ...

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Indian Oil Corp issues sour crude tender after latest Russia sanctions, sources say

Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...

Crude Oil Price Forecast: Breaks Resistance and Retains Strength

Crude oil surged to 79.38, breaking resistance and confirming strength, but overbought signals suggest a possible pullback or consolidation before further gains.