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US crude oil inventories jumped by 7.14 million barrels, reversing the prior week's decline. US crude production climbed to 13.947 million bpd, while gasoline and distillate inventories also posted s…
Baker Hughes reported U.S. oil rigs rose by two this week to 449, up 35 from a year ago. The increase accompanies record domestic crude output near 13.9 million barrels per day, which the EIA expects…
US crude oil inventories surged by 4.2 million barrels, surpassing expectations of a 1.9 million-barrel build. With domestic crude production climbing to 13.83 million bpd and Cushing stockpiles risi…
U.S. record oil and LNG output has cushioned global markets from Strait of Hormuz disruptions, but domestic inventories have fallen below five-year averages, tightening supply and pushing gasoline/di…
Tesla and Amazon stocks surged fueled by gains in energy and defense sectors following US actions in Venezuela, boosting market optimism despite oil price volatility and geopolitical tensions.