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Latest Energy Prices and Heating Oil News

Heating Oil

Oil prices have recovered after falling to their lowest level.
Crude Oil News

Oil prices have recovered after falling to their lowest level

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.
Crude Oil News

Draws in Fuel Inventories Drive Crude Oil Prices Upward.

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.
Crude Oil News

NY Energy Possess the Potential for Catastrophic Consequences.

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

Permian Oil Drilling Rig
Crude Oil News

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 ...
Oil market fluctuation.
Russian Crude

Oil Prices Rebound Briefly but Weekly Losses.

Oil prices experienced a rebound on Friday, breaking a seven-session decline, with verbal support from Russia and Saudi Arabia being ...
Oil rig in the ocean.
OPEC

Russia Oil Data Transparency Commitment.

According to sources within OPEC+ and ship-tracking consultancies cited by Reuters on Thursday, Russia has assured oil-flow tracking firms and ...

OPEC

World Oil Refinery
EIA

Oil Surge 3% on Weaker Dollar.

The oil surge over 3% on Thursday, propelled by a weakening dollar and a modestly improved global demand outlook for …

Oil Prices Rise 1% on US Storage Withdrawal.
Crude Oil News

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 ...
Permian Oil Drilling Rig
Crude Oil News

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 ...

Russian Crude

OPEC+ cuts revive $100:barrel oil potential.
Crude Oil News

OPEC+ cuts revive $100/barrel oil potential.

According 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.
Crude Oil News

Morgan Stanley Cuts Oil Price Forecast After OPEC+ Move.

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.
Crude Oil News

Oil set for 3rd weekly gain after OPEC+ cuts.

ADVANCES MOVERS After Saudi Arabia and its OPEC+ allies unexpectedly announced a round of production cuts ...

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Must Read

Oil Prices Rise 1% on US Storage Withdrawal.
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 ...
Permian Oil Drilling Rig
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 ...
Oil Barge
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 ...
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