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Oil prices fall after EIA confirms crude inventory build

After yet another surprise report—this time of an inventory build—from the American Petroleum Institute weighed on prices yesterday, the Energy Information Administration confirmed a...

Oil rises above $68, highest since May 2015

Global oil benchmark, Brent crude, extended its gains on Tuesday, trading near $69 per barrel on the back of production cuts led by the...

Strong draw in Crude inventories lifts Oil prices

A day after API contributed to WTI’s reaching its highest price level since 2015 with an estimated 5-million-barrel draw in crude oil inventories, the...

US LNG exports flat for two weeks running

Exports of liquefied natural gas from Cheniere’s Sabine Pass LNG export facility in Louisiana remained flat the second week in a row. According to the...

EIA Reports Major Draw In Crude Inventories

Amid rising oil prices thanks to the three-week suspension of the Forties pipeline and a major inventory draw estimated by API, the Energy Information...

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