Oil prices settle down as US stockpile grows, tariffs still in focus
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week.
Oil Falls Amid U.S. Tariff Fears, Stockpiles Outlook
Oil prices were falling as traders assess the potential impact of U.S. trade tariffs on global growth and the stockpiles outlook. Brent crude was down 0.9% at $75.80 a barrel, while WTI traded 0.8% lower at $73.
Should You Buy ConocoPhillips Stock With Oil Prices Below $80 a Barrel?
Oil prices have bounced around quite a bit over the past year. WTI, the primary U.S. benchmark price, has topped $80 a barrel several times, including earlier this month. However, it has cooled off since then and is currently in the mid-$70s.
Oil prices drop as US stockpile grows, tariffs remain in focus
Oil prices fell on Wednesday, with the U.S. benchmark touching a multi-week low after crude stockpiles in the world's top petroleum producer and consumer rose more than expected last week. Brent crude futures were down 60 cents,
Oil Retreats as U.S. Crude Stocks Build
Oil futures lose ground as a two-month long slide in U.S. crude inventories ended and the Fed paused in its monetary easing cycle, with chair Jerome Powell saying the U.S. central bank doesn't need to hurry to resume cuts.
Analysts See Increase in U.S. Crude Oil Stockpiles
U.S. crude oil inventories likely rose last week for the first time in more than two months, while gasoline stocks are seen continuing to build, according to a survey by The Wall Street Journal. Commercial crude stockpiles are expected to have risen by 1.
Oil prices slip as US inventories rise; tariff concerns in focus
Oil prices edged lower on Wednesday on a rise in U.S. crude stockpiles and easing concern over Libyan supply, with U.S. tariffs on Canadian and Mexican imports also in focus. Brent crude futures were down 44 cents,
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Oil (WTI) Price
1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.76 USD 1 Barrel = 336 Pint Oil (WTI) Price Per 1 Pint 0.22 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton ...
Are ExxonMobil and Chevron the Best High-Yield Energy Stocks to Buy Now That Oil Just Topped $80 per Barrel?
In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
Oil ends lower, with U.S. prices failing to hold above $80 a barrel
Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...
If You Could Buy Only 1 Oil Stock in 2025, These Are Some Top Stocks to Consider
Chevron's diversification, high yield, and long history of success make it a strong buy in the oil space. ConocoPhillips will ...
Russia oil sanctions create different winners at different times
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...
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How does the strategic petroleum reserve work?
Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...