Us News Oil Jumps As Hurricane Hits U S Output While Crude Stocks Decline Cnbc
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US crude oil stockpiles rise as production hits record
Commercial crude oil inventories jumped 6.4 million barrels as U.S. production set new records and refinery capacity utilization rose to 89.4%. Read More
Oil slips as U.S. crude stocks rise and OPEC warns of 2026 oversupply
Oil prices softened again on Thursday, adding to the sharp declines seen in the previous session, after fresh data pointing to higher U.S. crude inventories deepened worries that global supply ... Read More
Morning Bid: Oil jumps and Tesla skids
(Reuters) -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Oil prices jumped 4% on a wave of new retaliatory sanctions on Russian crude over Moscow's ... Read More
EIA raises US oil output forecast, says oversupply will weigh on prices
U.S. oil production is expected to set a larger record this year than previously forecast, even as global oil supply outpaces fuel demand, the Energy Information Administration said in its Short-Term ... Read More
Crude oil jumps after U.S. hits top two Russian oil companies with sanctions
Crude oil prices extended gains post-market Wednesday after the U.S. announced sanctions on Russia's two biggest oil producers, Rosneft and Lukoil, and their subsidiaries, marking the Trump ... Read More
Oil slips as U.S. stocks rise and OPEC warns of 2026 glut
Oil prices have experienced a notable decline, with West Texas Intermediate (WTI) crude dropping to $58.97 and Brent crude falling to $63.01. This downturn is attributed to rising U.S. crude ... Read More
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