EconomyOfficialReported
US Oil Inventories Fall by 0.6 Million Barrels, Department of Energy Reports
Weekly data shows crude stocks remain below their five-year seasonal average, according to the US Department of Energy.
· 1 min read
Tagged “crude-oil”
Clear
BusinessOfficialReported
Saudi Aramco Cancels October Crude Allocations to European Refiners
The cancellation follows a shutdown of the East-West pipeline after a drone attack, according to Bloomberg.
· 1 min read
EGEGazette
BusinessReported
Oil Prices Fall for Third Straight Day on Saudi Supply Hopes
U.S. crude briefly slipped below $100 a barrel as additional Saudi Arabian supplies eased concerns over disruptions, CNBC reported.
· 1 min read
EconomyOfficialReported
Hormuz Strait shipping traffic declines as attacks intensify in region
Vessel passages through the strategic waterway have fallen amid escalating regional tensions, according to shipping data.
· 1 min read