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Inventories Tell A Different Story.OPEC’s Oil Demand Bet Is on India, Not EuropeGermany Considers Extending Oil Reserve Relief Despite Falling Prices80 Million Barrels of Crude Are Lined Up to Exit the Strait of HormuzOil Prices Rebound as U.S.-Iran Peace Talks Are Postponed

EIA: US crude inventories up 2.1 million bbl

Oil & Gas
November 15, 2024

General Interest

US crude oil inventories for the week ended Nov. 8, excluding the Strategic Petroleum Reserve, increased by 2.1 million bbl from the previous week, according to data from the US Energy Information Administration.

Oil & Gas
June 22, 2026

Iran Says Stride Made with US after Talks Began

Iran said there had been “major progress” in all-night discussions with the US, as the warring sides try to reach a peace deal within two months. The countries began technical…

Oil & Gas
June 22, 2026

Qatar Races to Restore LNG Exports Despite Ras Laffan Setback

Qatar is calling back empty LNG carriers in preparation for the restart of exports despite ongoing repairs at the Ras Laffan complex, and an explosion that rocked the facility on…