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Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.
U.S. crude stocks rose last week despite a major increase in exports, while fuel inventories fell, the Energy Information Administration said on Wednesday.
But there are probably few industries feeling more aggrieved right now than US shale oil. Over the last 15 years, it has made America the world’s top crude producer, lowered energy costs and ...
Oil futures settled higher on Friday, contributing to a gain for the week as traders weighed concerns about the global economy and energy demand against support from risks to crude supplies in the ...
LAUNCESTON, Australia, March 20 (Reuters) - What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ongoing weakness in imports?