Us News Oil Climbs Over 4 Despite Rise In U S Inventories Reuters

Oil Futures Fall on Large U.S. Inventory Increase

Oil futures fell, with a large weekly increase in U.S. crude inventories adding to downside pressure in a market concerned about weaker demand and oversupply. 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 tilts lower with signs of weaker demand after U.S. crude build

Oil futures edged lower on concerns about oversupply, amplified by this week's large US crude stock build and Saudi Arabia lowering its December official selling price to Asia. Read More

Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’ as U.S. shale boom slows

Big Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s Permian Basin to the Gulf of Mexico to deepwater Guyana despite concerns of a ... Read More

Oil climbs for second day on supply fears due to US sanctions on Russian companies

LONDON (Reuters) -Oil prices edged up on Friday, extending the previous day's surge and on track for a weekly gain as U.S. sanctions on Russia's two biggest oil companies over the war in Ukraine ... Read More