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Crude Oil - Oil slips as U.S. crude stocks rise and OPEC warns of 2026 oversupply
Oil prices softened again on Thursday, adding to the sharp declines seen in the previous session, after fresh data pointing to higher U.S. crude inventories deepened worries that global supply ...
New companies emerge to export Russian oil after Rosneft and Lukoil sanctions
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Strategists See USA Crude Stocks Rising 6MM Barrels WoW
Macquarie strategists, including Walt Chancellor, revealed that they are forecasting that U.S. crude inventories will be up by 6.0 million barrels for the week ending November 7.
Crude oil futures decline as OPEC+ flags supply surplus
Crude oil futures traded lower on Thursday morning after the Monthly Oil Market Report from the OPEC+ (Organization of Petroleum Exporting Countries and allies) indicated a surplus in the global ...
US crude oil stocks see a less-than-expected increase, indicating stronger demand
The actual increase in crude oil stocks was reported to be 1.3 million barrels. This figure is significantly lower than the forecasted increase of 1.7 million barrels. The less-than-expected increase ...