Us News Oil Jumps As Hurricane Hits U S Output While Crude Stocks Decline Cnbc
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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
U.S. Crude Oil Stockpiles Rise as Production Hits Record
Crude oil inventories increased last week by 6.4 million, exceeding expectations, as U.S. production hit a record high and exports fell. Read More
Oil Settles Higher on Large Drop in US Stockpiles, Trade Optimism
NEW YORK (Reuters) -Oil prices rose on Wednesday after data showed U.S. crude and fuel inventories drew down more than expected last week, and as U.S. President Donald Trump's optimistic tone over ... Read More
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
Oil edges higher as U.S. crude, fuel inventories fell much more than expected
Crude oil futures ended a three-session losing streak with support from larger than expected draws in U.S. crude and product stockpiles and optimism over trade talks between the U.S. and China. Read More
Shale producer EOG tops profit estimates as output jumps
(Reuters) -EOG Resources beat analysts' estimates for third-quarter profit on Thursday, as higher output helped the U.S. oil and gas producer offset a drop in crude prices. Benchmark Brent crude fell ... Read More
US oil, gas rig count slows despite record output, EIA says
U.S. oil and natural gas drilling activity has continued to decline even as production reaches record highs, the U.S. Energy Information Administration (EIA) said on Monday. 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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