Oil prices edge higher on Thursday
Oil prices inched up on Thursday as a larger-than-expected draw in US crude inventories countered speculation that…
Browsing Tag
EIA
US refining capacity holds steady as of January 2025
US operable refining capacity remained essentially unchanged at 18.4 million barrels per calendar day (b/cd) as of…
Oil falls over 1% as OPEC+ mulls July output hike
Oil prices dropped more than 1 per cent on Thursday as reports surfaced that OPEC+ may raise production in July,…
US power prices see modest rise in ’25 amid gas cost increases – EIA
The US Energy Information Administration (EIA) forecasts a modest rise in wholesale power and residential…
US energy costs to stay relatively stable in winter – EIA
US energy costs are projected to hold steady in the coming months, supported by lower fuel prices that may cushion…
US refinery capacity rises in ’23
US refining capacity saw a notable increase in 2023, driven by expansions at existing facilities, according to the…
European stocks close lower; December non-farm figures disappoint
European stocks closed lower on the last trading day of the first week of 2017 after the release of the December…
Oil prices stabilize after Fed hike as tighter market looms
Oil prices stabilized on Thursday as a tighter market looms in 2017 due to planned output cuts led by OPEC and…
Oil prices fall for fourth day after stockpile build
Crude oil prices fell for a fourth day on Wednesday, with jittery investors awaiting official U.S. stockpile…
Oil prices drop as concerns over global fuel glut re-emerge
Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising…