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US crude oil News

Significant Drop in US Crude Oil Inventories: A 4.02 Million Barrel Decrease

Sarah Mitchell 08 Jan, 2025

The US crude oil inventories decreased by 4.02 million barrels, with distillate inventories rising and gasoline stockpiles surging. Cushing reserves also saw a notable decline.

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US Crude Oil Reserves Dip by 1.2M Barrels: A Closer Look at EIA's Latest Report

Olivia Carter 03 Jan, 2025

The US commercial crude oil inventories decreased by 1.2 million barrels to 415.6 million barrels, as per the EIA report. Refinery operations increased slightly, with a notable ris...