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US crude inventories fell 3.9 million barrels last week, but conflicting data and builds in gasoline and distillates left markets rattled and oil prices falling.
WTI Crude Oil is trading under pressure despite a larger-than-expected draw in US Crude inventories on Wednesday, as rising ...
EIA Revisions to Address Concerns and Provide Pathway to Approval Without Resubmission of the Full EIA Key Environmental ...
Crude oil inventories in the United States decreased by 3.9 million barrels during the week ending July 11, according to new data from the U.S. Energy Information ...
The level of crude oil inventories can significantly influence the price of petroleum products, and by extension, can impact inflation. An increase in inventories typically suggests weaker demand and ...
Commercial crude oil inventories in the United States, which are not taking into account those in the Strategic Petroleum ...
An increase in demand comes in part from data centers dedicated to artificial intelligence and cryptocurrency.
The nation’s coal-fired power capacity is set to decline significantly in the coming years, according to the U.S. Energy ...
Crude contracts were lower, though the declines were less than those for refined product futures. The NYMEX August West Texas Intermediate contract was off by 90cts to $65.62/bbl and the September WTI ...
The U.S. will produce less oil in 2025 than previously expected as declining oil prices have prompted U.S. producers to slow ...
Solar is expected to account for 7% of total U.S. generation in 2025 and 8% in 2026, the Energy Information Administration ...