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U.S. Crude Oil Stockpiles Rise For 3rd Straight Week

U.S. Crude Oil Stockpiles Rise For Third Straight Week

U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three months, according to data released by the U.S. Energy Information Administration.

Hosted on MSN · 3h

Oil prices decline as U.S. crude supplies climb for a third week in a row

Oil futures looked to post a loss Wednesday, their first in four sessions, after official U.S. data revealed a third straight weekly climb in U.S. crude supplies.

Reuters · 19h

Oil prices retreat after report of U.S. crude stockpile rise

Oil prices fell on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on sentiment, paring back three days of gains driven by increasing Middle East tensions and intensifying sanctions.

India rejects oil shipment from sanctioned Russian producer

U.S. News & World Report · 8h

US Sanctions Strand Iran, Russia Oil on Tankers, Driving up Crude Costs

For Russian oil, tougher sanctions imposed a month ago by the outgoing Biden administration have driven up costs for refiners in China and India, with March ESPO Blend crude traded at $2 to $3 above ICE Brent on a DES basis to China, the highest premiums in more than two years, three trade sources said.

Reuters on MSN · 1d

Russia says US sanctions should not affect oil trade with India

U.S. sanctions on Russia should not affect Moscow's oil trade with India, Pavel Sorokin, Russia's first deputy energy minister, said on Tuesday, while adding it was too early to assess the impact of the latest restrictions.

RBC Ukraine on MSN · 22h

India rejects oil shipment from sanctioned Russian producer – Bloomberg

The oil tanker Cordelia Moon, carrying crude from a Russian producer, has come under US sanctions and has been drifting off India's west coast for two days, according to Bloomberg. The Cordelia Moon was scheduled to unload at Vadinar Port on February 9,

Trump's Canadian Oil Tariff Would Hit America's Heartland

CNBC on MSN · 1d

Trump tariffs on Canadian oil expected to raise U.S. gasoline prices if enacted next month

U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.

The New York Times · 1d

How Trump’s Canadian Oil Tariff Would Hit America’s Heartland

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to higher prices.

ANI Video on MSN · 9h

Trump’s oil tariff on Canada will not affect international pricing: IOC Chairman

Chairman Arvinder Singh Sahney on 12 claimed that if US president Donald Trump will impose tariffs on Canadian crude oil imports in the US then the trade flows of crude oil will change while noting that the tariff will not have an impact on the international price of crude oil.

Petrobras to supply crude to BPCL

Reuters on MSN · 15h

India's BPCL to sign optional crude deal with Petrobras for 2025-26

India's Bharat Petroleum Corp will sign a contract with Brazil's Petrobras for optional crude imports of 6 million barrels in 2025-26, Chairman G Krishnakumar said on Wednesday at the India Energy Week conference.

The New Indian Express on MSN · 5h

Petrobras to supply crude to BPCL; signs MoU with ONGC for upstream opps, marketing

Oil PSU Bharat Petroleum Corporation Limited (BPCL) on Wednesday announced the signing of a term contract with Brazil’s national oil company, Petróleo Brasileiro S.A. (Petrobras), for the supply of 6 million barrels of Brazilian crude oil in FY26.

Live Mint on MSN · 8h

BPCL signs term contract with Brazil's Petrobras for supply of crude oil

The contract would initially be valid for one year and can be extended by another year, BPCL said. The move is in line with the government's focus on diversifying India's crude oil sources and strengthen energy cooperation with Brazil.

1hon MSN

Global oil demand 'clings by a thread' and even AI might not do much to boost crude

"Crude demand clings by a thread," Bank of America said, predicting that slowing global GDP and green infrastructure will ...

Saudi crude to China to fall in March after prices hit over two-year high, sources say

Saudi Arabia's crude oil supply to China is set to slide in March from the prior month, trade sources said on Tuesday, after ...

22h

Crude Oil Price Forecast: Crude Oil Reclaims $72.83, Targets Higher Resistance Levels

Crude oil reclaimed the 50-Day MA at $72.83, signaling strength. Watch resistance between $74.60-$74.89 and potential support at $70.91.

Business Insider1d

Oil (WTI) Price

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 532.50 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.72 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter ...

Tariffs on Canadian Oil to Hurt Midwest Refiners' Costs, Logistics, RBC Says -- OPIS

U.S. refiners including Valero Energy, Phillips 66 and BP recently said tariffs on Canadian oil imports could lead them to reduce output or deal with logistical issues as they try to find replacement ...