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US crude oil output hit record high in March, while demand fell, says EIA
U.S. crude oil output rose to a monthly record high in March, while demand for oil products declined to the lowest in a year, the U.S. Energy Information Administration (EIA) said in its Petroleum Supply Monthly (PSM) report on Friday.
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WTI crude oil price analysis: here’s why it may crash to $40The West Texas Intermediate (WTI) crude oil price has retreated this year as concerns about demand and supply remain. WTI, which is the America’s oil benchmark, dropped to $61.30, down by over ...
It was crude oil from a half-mile underground ... The freshness of the oil can be judged by its color, according to bath veterans.Credit...Emile Ducke for The New York Times Whatever the ...
Long Island consumers and businesses could see lower gas prices this summer after a group of oil exporting countries said it would significantly increase oil production in June. U.S. crude oil ...
Oil prices are at their lowest levels since the spring of 2021. At Thursday's close, a barrel of West Texas Intermediate crude was $59 a barrel, down from $74 at the start of January. The last ...
The rupture occurred at milepost 171, near Fort Ransom, South Bow said. A release of crude oil from the pipeline was confined to an agricultural field south of the pump station, Suess said.
June WTI crude oil (CLM25) Thursday closed down -1.53 (-2.42%) and June RBOB gasoline (RBM25) closed down -0.0356 (-1.64%). Crude oil and gasoline prices fell sharply Thursday after President ...
Crude is among the beneficiaries of President Donald Trump’s one-month reprieve on tariffs for some imports from Canada and Mexico, a boost to oil industry leaders initially concerned that it ...
Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries. By Rebecca F. Elliott Reporting on energy U.S ...
OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst monthly performance in years. Now the group of oil producers might add even ...
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