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"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

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European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...

Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year. The change estimated by the ...

The lower gas prices largely reflect the agency's forecasts for lower crude oil prices amid a widening gap between oil supply and demand. The EIA forecasts Brent crude will fall 8% to an average ...

"There's a real tension point between the tariff ... Indeed, the inclusion of oil would be no small detail. Canada exported over $160 billion worth of crude and refined petroleum in 2022, and ...

It is hard to track and assign exactly … from Donald Trump’s announcements yesterday, which was impacting crude oil prices in different ... barrels versus the low point in the autumn of ...

2024 crude oil imports 11.04 mln bpd ... province - operated at 53.66% of their crude oil processing capacity in 2024, down 8.3 percentage points from 2023. Plant closures at PetroChina's Dalian ...