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Latest Energy Prices and Heating Oil News
Heating Oil
Oil prices have recovered after falling to their lowest level
John Hendrick March 21, 2023
Reuters, March 20 – NEW YORK Oil prices rose more than 1% on Monday after falling to their lowest levels ...
Draws in Fuel Inventories Drive Crude Oil Prices Upward.
John Hendrick March 22, 2023
With the U.S. Energy Information Administration reporting a weekly increase in crude oil inventories of 1.1 million barrels, oil prices ...
NY Energy Possess the Potential for Catastrophic Consequences.
John Hendrick March 23, 2023
The heating oil sector in NY has actively endorsed initiatives to cut down carbon emissions by fully adopting the use ...
Crude Oil News
Crude Oil News
Mega-Mergers Propel Deals Beyond $100 Billion in 2023
Anna Miles December 12, 2023
In the monumental landscape of Permian oil, the year 2023 echoed with the chant of “Mega-Mergers Propel Deals.” This echoed ...
Oil Prices Rebound Briefly but Weekly Losses.
Anna Miles December 8, 2023
Oil prices experienced a rebound on Friday, breaking a seven-session decline, with verbal support from Russia and Saudi Arabia being ...
Russia Oil Data Transparency Commitment.
Christine Hills December 7, 2023
According to sources within OPEC+ and ship-tracking consultancies cited by Reuters on Thursday, Russia has assured oil-flow tracking firms and ...
OPEC
Oil Surge 3% on Weaker Dollar.
Anna Miles December 14, 2023The oil surge over 3% on Thursday, propelled by a weakening dollar and a modestly improved global demand outlook for …
US Storage Withdrawal Sparks 1% Surge in Oil Prices
Anna Miles December 13, 2023
Oil prices ticked higher by approximately 1% on Wednesday, rebounding from a five-month low in the ...
Mega-Mergers Propel Deals Beyond $100 Billion in 2023
Anna Miles December 12, 2023
In the monumental landscape of Permian oil, the year 2023 echoed with the chant of “Mega-Mergers ...
Russian Crude
OPEC+ cuts revive $100/barrel oil potential.
Jessica Heim April 3, 2023According to analysts and traders, unexpected new cuts to the OPEC+ group’s output targets could drive oil prices towards $100 …
Morgan Stanley Cuts Oil Price Forecast After OPEC+ Move.
Jessica Heim April 4, 2023
Morgan Stanley has revised its oil price forecast for this year and next, considering the recent ...
Oil set for 3rd weekly gain after OPEC+ cuts.
Christine Hills April 6, 2023
ADVANCES MOVERS After Saudi Arabia and its OPEC+ allies unexpectedly announced a round of production cuts ...
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Must Read
Crude Oil NewsOPEC
US Storage Withdrawal Sparks 1% Surge in Oil Prices
Oil prices ticked higher by approximately 1% on Wednesday, rebounding from a five-month low in the previous session, driven by ...
Anna Miles
December 13, 2023
Crude Oil NewsExxon Mobile
Mega-Mergers Propel Deals Beyond $100 Billion in 2023
In the monumental landscape of Permian oil, the year 2023 echoed with the chant of “Mega-Mergers Propel Deals.” This echoed ...
Anna Miles
December 12, 2023
Crude Oil NewsSaudi Arabia's Oil
Saudi Arabia’s Oil Pricing Strategy Faces Criticism.
Saudi Arabia’s Oil Pricing may have been set too high, potentially leading to a decrease in term supplies to Asian ...
Christine Hills
December 6, 2023