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US oil rig count remains unchanged for week ending Nov. 1

US oil rig count remains unchanged for week ending Nov. 1

- Number of US oil rigs fall by 33 compared to one year ago

10:59 Oil

Oil prices up with possibility of Iran preparing to attack Israel

Oil prices up with possibility of Iran preparing to attack Israel

- News story claims Iran may retaliate with numerous unmanned aerial vehicles and ballistic missiles from Iraqi territory before US Presidential elections on November 5

01.11.2024 Oil

US crude oil inventories down 0.1% for week ending Oct. 25

US crude oil inventories down 0.1% for week ending Oct. 25

- Daily crude oil production rises to around 13.94 million barrels per day

31.10.2024 Oil

Oil prices up amid strong demand data from US

Oil prices up amid strong demand data from US

- Israel's ongoing attacks in the Middle East, where most global oil resources are located, support upward price movements

30.10.2024 Oil

Oil prices rebound after easing geopolitical risks spark losses

Oil prices rebound after easing geopolitical risks spark losses

- Easing geopolitical risks in Middle East trigger losses in previous session while US plan to buy oil for Strategic Petroleum Reserve provided some support

29.10.2024 Oil

Türkiye's oil imports up 1.85% in August

Türkiye's oil imports up 1.85% in August

- Crude oil imports in August fall by 7.11% to 2.64 million tons, latest data shows

29.10.2024 Oil

Oil prices fall after Iran says Israeli attack caused minimal damage

Oil prices fall after Iran says Israeli attack caused minimal damage

- Oil prices plummet as Israeli air strike on Iran left oil facilities unaffected

28.10.2024 Oil

US oil rig count down by 2 for week ending Oct. 25

US oil rig count down by 2 for week ending Oct. 25

- Number of US oil rigs fall by 24 compared to one year ago

26.10.2024 Oil

Oil prices on track for weekly climb as Israel-Iran tension heightens

Oil prices on track for weekly climb as Israel-Iran tension heightens

- Possible ceasefire talks in Qatar lower supply concerns among market players

25.10.2024 Oil

Oil prices steady on possible new Gaza cease-fire talks

Oil prices steady on possible new Gaza cease-fire talks

- Traders continue to pare back geopolitical risk premium

25.10.2024 Oil

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Oil prices up as Israel prepares to retaliate against Iran

Oil prices up as Israel prepares to retaliate against Iran

- Israel's public broadcaster claims Israel is preparing to attack Iran, despite US pressure to ease offensive

24.10.2024 Oil

US crude oil inventories up 1.3% for week ending Oct. 18

US crude oil inventories up 1.3% for week ending Oct. 18

- Daily crude oil production falls to around 13.93 million barrels per day

24.10.2024 Oil Energy Projects

Oil steady as falling US demand counters Mideast tension

Oil steady as falling US demand counters Mideast tension

- Oil prices climb 2% after Israeli army took responsibility for killing head of Hezbollah's Executive Council

23.10.2024 Oil Finance

Oil prices surge amid escalating tensions between Israel, Iran

Oil prices surge amid escalating tensions between Israel, Iran

- US President Biden said Friday he is aware of Israel’s plans for an attack on Iran, as Tehran warns it will respond "decisively"

21.10.2024 Oil

US oil rig count up by 1 for week ending Oct. 18

US oil rig count up by 1 for week ending Oct. 18

- Number of US oil rigs fall by 20 compared to one year ago

19.10.2024 General

Oil sees weekly fall following demand concerns fueled by OPEC data

Oil sees weekly fall following demand concerns fueled by OPEC data

-Prices are on track for their largest weekly drop since September 2, falling by 5.9% for week ending Oct. 18

18.10.2024 Oil

Oil prices up amid strong US retail sales data

Oil prices up amid strong US retail sales data

- US retail sales climbed 0.4% in September from previous month, reaching $714.4 billion

18.10.2024 Oil

US crude oil inventories down 0.5% for week ending Oct. 11

US crude oil inventories down 0.5% for week ending Oct. 11

- Daily crude oil production rises to 13.93 million barrels per day

18.10.2024 Oil

Oil prices fall amid concerns about China's economy

Oil prices fall amid concerns about China's economy

- Data pointing to increase in demand in US and ongoing conflicts in Middle East limits price decline

17.10.2024 Oil

Oil prices fall on easing Middle East concerns

Oil prices fall on easing Middle East concerns

- Demand uncertainties in China, world's largest crude importer weigh on crude prices

16.10.2024 Oil

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Malaysia to continue South China Sea oil, gas exploration despite China's objections

Malaysia to continue South China Sea oil, gas exploration despite China's objections

- Prime minister reaffirms Malaysia’s right to operate in its exclusive economic zone

16.10.2024 Natural Gas Oil

Global oil production drops by 0.7% in September, IEA reports

Global oil production drops by 0.7% in September, IEA reports

- Agency forecasts global oil demand to reach 102.84 million bpd in 2024, 103.84 million bpd in 2025

15.10.2024 Oil

OPEC daily crude output down 2.1% in Sept.

OPEC daily crude output down 2.1% in Sept.

- Global oil demand growth forecast for 2024 is revised down by 106,000 bpd, from previous month's assessment

14.10.2024 Oil

Oil down amid low inflation data in China

Oil down amid low inflation data in China

- Increasing expectations that inflationary pressures are losing their strength in US, prevents oil prices from falling further

14.10.2024 Oil

US oil rig count up by 2 for week ending Oct. 11

US oil rig count up by 2 for week ending Oct. 11

- Number of US oil rigs fall by 20 compared to one year ago

12.10.2024 Oil

Oil down with low US demand, market awaits China stimulus package

Oil down with low US demand, market awaits China stimulus package

- Experts say Hurricane Milton could also negatively affect employment data in US in coming weeks

11.10.2024 Oil

Oil up amid Middle East tension, US hurricane threatening fuel shortage

Oil up amid Middle East tension, US hurricane threatening fuel shortage

- Consecutive hurricanes in US cause power outages, fuel shortages with increased demand

10.10.2024 Oil

US crude oil inventories up 1.4% for week ending Oct. 4

US crude oil inventories up 1.4% for week ending Oct. 4

- Daily crude oil production rises to 13.83 million barrels per day

10.10.2024 General

US energy agency lowers crude oil price forecasts for 2024, 2025

US energy agency lowers crude oil price forecasts for 2024, 2025

- EIA estimates international benchmark Brent crude to average $80.89 per barrel in 2024 and $77.59 in 2025

09.10.2024 Oil

Oil prices rise with escalating Middle East conflict, US economic growth

Oil prices rise with escalating Middle East conflict, US economic growth

- Hezbollah's call for cease-fire with Israel push prices down in previous session, questions of validity fail to keep prices down

09.10.2024 Oil

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