Technology Today News U S Crude Oil Rises More Than 1 After Trump Exempts Key Tech Products From Tariffs

U.S. oil output is at a record high, putting profits for producers at risk

U.S. oil prices have dropped more than 15% so far this year to levels that could threaten the ability of smaller producers to earn a profit. And that’s even before factoring in forecasts that could ... Read More

U.S. Crude Oil Stockpiles Post Large Increase

U.S. crude oil stocks rose by 5.2 million barrels amid a rebound in imports, according to the Energy Information Administration. Read More

U.S. Crude Oil Stockpiles Rise for Third Straight Week

U.S. crude oil inventories rose for a third consecutive week with a drop in refinery capacity use partly offsetting a decline in imports and rise in exports, according to data released Thursday by the ... Read More

Trump Pledged to Refill National Oil Stockpiles ‘Right to the Top.’ He Is in No Rush.

Trump Pledged to Refill National Oil Stockpiles ‘Right to the Top.’ He Is in No Rush. President Trump pledged in his inaugural address to make the country’s emergency oil reserves whole. He appears to ... Read More

Oil rises after Trump says India will halt Russian oil imports; Indian refiners await official directive

Oil prices ticked up on Thursday, rising around 1% in early trade after U.S. President Donald Trump said Indian Prime Minister Narendra Modi had pledged his country would stop buying oil from Russia. Read More

US has only ‘scratched the surface’ of its oil potential as emerging technology strengthens energy outlook

America's oil potential remains largely untapped as Chevron CEO reveals new technologies that could revolutionize energy production and cement U.S. dominance ... Read More

Oil drops 1%, settles at 5-month lows as Trump-Putin summit looms

NEW YORK, Oct 16 (Reuters) - Oil prices fell more than 1% on Thursday after U.S. President Donald Trump said he and Russian President Vladimir Putin agreed to meet in Hungary soon to discuss ending ... Read More