US crude oil inventories News

Oil Prices Surge Amid US-Canada Trade Dispute and Unexpected US Inventory Data

Crude oil prices rose due to US-Canada trade tensions and unexpected US inventory data, with Canada imposing counter duties on US goods. WTI and Brent prices increased, reflecting ...

Global Oil Prices Dip Amid US-China Tariff Tensions and Rising US Inventories

Oil prices have fallen due to renewed US-China trade tensions, with Beijing imposing tariffs on US oil, coal, and natural gas. The latest US crude oil inventories report shows a si...

Oil Prices Dip 1% Amid Renewed US-China Tariff Tensions and Rising US Inventories

Oil prices fell by 1% as the US-China trade tensions escalated with new tariffs and a report showing a significant increase in US crude oil inventories, adding pressure to the mark...

Egypt's New Oil Discovery Shakes Market: Crude Prices Dip by 1%

Egypt confirms discovery of 8 million barrels of oil reserves in the Gulf of Suez, causing a 1% drop in crude oil prices. The US also reports a significant increase in crude oil in...

Global Oil Prices Dip by 1% Following Egypt's Announcement of New Oil Reserves Discovery

Egypt's discovery of new oil reserves and a rise in US crude oil inventories have led to a 1% drop in global oil prices, with significant implications for the market.

Egypt's New Oil Reserves Discovery Causes 1% Drop in Crude Prices

Crude oil prices fell by 1% after Egypt announced the discovery of 8 million barrels of oil reserves. The US also reported an increase in crude oil inventories, adding complexity t...