Crude oil prices moved lower after the Energy Information Administration reported a crude oil inventory build of 2 million barrels for the week to June 3. This compared with a draw of 1.5 million barrels for the previous week, leaving…
Russia’s crude oil output could decline by 18 percent by the end of next year, the U.S. Energy Information Administration has forecast, citing the European Union’s planned embargo on Russian oil imports. The U.S. energy authority forecasts that Russian oil…
Crude oil prices fell yesterday after the Energy Information Administration reported an inventory increase of 2.4 million barrels for the week to April 1. This compared with a draw of 3.4 million barrels for the previous week. A day earlier,…
