Crude inventories increase, diesel stocks down: EIA | Reuters
U.S. crude inventories rose last week, boosted by another jump in production to a new record, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Wednesday.
Oil drillers cut rigs for first week in four: Baker Hughes...
The U.S. oil drilling rig count declined this week for the first time in four weeks, although the rig count held close to its highest in over three years as production surges to record highs and some companies forecast even higher output this year.
EIA: US Crude Stocks Rise For Sixth Week; Fuel Draws Down
The EIA said on Oct. 31 that crude stocks rose 3.2 million barrels in the week to Oct. 26, less than analysts' expectations for a 4.1 million-barrel build.
Interior Department OKs Hilcorp oil and gas project offshore Alaska |...
The U.S. Department of the Interior on Wednesday gave conditional approval to privately-held Hilcorp's long-awaited oil and gas production facility in federal waters off Alaska.
Oil prices plunge more than 4 percent as stock market tumbles
Oil prices fell 4 percent on Tuesday as investors sold off stocks amid concerns about slowing global economic growth.
Oil Prices Halt Slide After API Reports Small Crude Draw
Oil prices fell significantly on Tuesday, but paused their slide after the API reported a small draw in crude stocks and distillates
