At 427.5 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of year, the EIA report ...

After cutting interest rates in September and October, the Federal Reserve should pause at its December meeting to best serve its mandate to accomplish price stability and maximize employment. From ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a draw of 2.48 million barrels in the week ending November 28 ...

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) increased by 2.8 million ...

The latest estimated total of crude supplies was 426.9 million bbl, about 4% below the 5-year average for this time of year.

Houston-based refiner Citgo Petroleum, the crown jewel of Venezuela's overseas assets, severed ties with PDVSA in 2019 ...

Refinery capacity use rose to 92.3% from 90% the previous week, with crude input to refineries up by 211,000 barrels a day to 16.4 million barrels a day. Refinery runs were forecast to have risen by 0 ...

The Dispatch reports on the Strategic Petroleum Reserve's dwindling levels and the need for clearer vision and utilization to ...

JUNEAU, Alaska (AP) — Congress has passed a measure to overturn a plan enacted during the Biden administration that put off limits to oil and gas leasing nearly half a vast petroleum reserve in Alaska ...