U.S. crude oil reserves saw an unexpected increase of 8.7 million barrels last week, far exceeding market forecasts. This rise is attributed to low refinery activity and higher imports, amid a context of downward pressure on prices.
U.S. crude oil reserves saw an unexpected increase of 8.7 million barrels last week, far exceeding market forecasts. This rise is attributed to low refinery activity and higher imports, amid a context of downward pressure on prices.
The imminent prospect of U.S. tariffs on imports from Canada and Mexico is causing concern in oil markets. Combined with an unexpected rise in crude stocks in the U.S., this announcement is impacting global oil prices.
The imminent prospect of U.S. tariffs on imports from Canada and Mexico is causing concern in oil markets. Combined with an unexpected rise in crude stocks in the U.S., this announcement is impacting global oil prices.
U.S. commercial oil reserves dropped by 1.2 million barrels, a figure below market expectations, in a context marked by rising exports and declining demand.
U.S. commercial oil reserves dropped by 1.2 million barrels, a figure below market expectations, in a context marked by rising exports and declining demand.
U.S. crude oil reserves decreased by 900,000 barrels, a smaller reduction than the anticipated 1.7 million barrels. Rising exports and a slowdown in refinery activity explain this discrepancy.
U.S. crude oil reserves decreased by 900,000 barrels, a smaller reduction than the anticipated 1.7 million barrels. Rising exports and a slowdown in refinery activity explain this discrepancy.
Oil prices edge slightly lower ahead of the key OPEC+ meeting, while the Bank of Korea shocks markets with a second consecutive rate cut, signaling significant economic challenges in Asia.
Oil prices edge slightly lower ahead of the key OPEC+ meeting, while the Bank of Korea shocks markets with a second consecutive rate cut, signaling significant economic challenges in Asia.
Russia and Iraq strengthen their cooperation within OPEC+ to manage oil price fluctuations. This coordination is crucial for their respective budgets amidst sanctions and heavy reliance on oil revenues.
Russia and Iraq strengthen their cooperation within OPEC+ to manage oil price fluctuations. This coordination is crucial for their respective budgets amidst sanctions and heavy reliance on oil revenues.
US ethane production is slowing despite record storage levels. New export facilities set for 2025 could reignite momentum and ease pressure on inventories.
US ethane production is slowing despite record storage levels. New export facilities set for 2025 could reignite momentum and ease pressure on inventories.
Global and domestic coal consumption could support U.S. thermal coal markets in 2025, driven by increased demand in Asia and Europe, despite challenges linked to the energy transition.
Global and domestic coal consumption could support U.S. thermal coal markets in 2025, driven by increased demand in Asia and Europe, despite challenges linked to the energy transition.
