U.S. crude stockpiles rose 4.6M barrels last week, API says
The American Petroleum Institute reportedly shows a build of 4.59M barrels of oil in U.S. commercial stockpiles for the week ending March 14. Gasoline inventories reportedly show a draw of 1.71M ...
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Harold Hamm: ‘Drill, Baby, Drill’ Needs $80 Oil
U.S. shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI Crude price in the high ...
The Oil Industry Is Over a Half-Empty Barrel
Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...
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Oil’s Oversupply Spiral: Can Prices Stay Above $60?
According to the chief executive of Vitol, Russell Hardy, the current developments in supply and demand could push oil prices ...
IEA Says Trade Tensions Weigh on Oil Demand, Warns of Supply Surplus
The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over ...