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US Crude Oil Output to Peak Sooner Than Expected

OilPrice

crude oil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year, as WTI benchmark prices below $60 per barrel are testing the breakeven point of shale production, energy flows intelligence firm Kpler said on Monday.

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Crude Oil Inventories Slip But Prices Eyeing Tariff Fears

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in the prior week. So far this year, crude oil inventories have climbed nearly 22 million barrels, according to Oilprice calculations of API data.

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Russia’s Crude Oil Export Revenues Hit Two-Year Low as Prices Dip

OilPrice

The value of Russian crude oil exports have sunk in May to the lowest level in over two years, data on shipments and Russian crude prices compiled by Bloomberg showed on Wednesday. million barrels per day (bpd) of crude oil, In the four weeks to May 25, Russia exported on average 3.39

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Crude Oil Inventories Climb As OPEC Prepares to Open the Tap

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 So far this year, crude oil inventories have climbed nearly 23 million barrels, according to Oilprice calculations of API data.

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EIA Shows US Crude Oil Inventories Continue To Slide

OilPrice

Crude oil inventories in the United States saw a decrease of 2 million barrels during the week ending May 2, according to new data from the U.S. Crude oil prices were trading down prior to the crude data release by the U.S. crude oil inventories with draws in gasoline and distillate stocks.

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DoE Hands the Keys to Strategic Crude Oil Stockpile to New Firm

OilPrice

billion contract to Strategic Storage Partners, LLChardly a household nameto manage the Strategic Petroleum Reserve (SPR)Americas emergency stash of crude oil. The Department of Energy has awarded a new $1.4 The new contract covers a five-year term with the option to extend for another five.

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India Hikes U.S. Crude Oil Imports by 67% in March

OilPrice

Indias crude oil imports from the United States jumped by 67% in March from a month earlier as Indian refiners scrambled to replace Russian volumes and the U.S. pushed for India and other major trade partners to buy more American energy. Indias U.S.

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