Thursday, September 17, 2026
Oil steadies above $64 as trade hopes offset U.S. inventories- oil and gas 360

U.S. crude oil inventories increase by 1.6 million barrels

Weekly Crude Oil Storage as of November 22, 2019   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.6 million barrels from the previous week. At 452.0 million barrels, U.S. crude oil inventories are about 3% above the five year average for this time of year, according to the EIA crude oil and petroleum

Oil steadies above $64 as trade hopes offset U.S. inventories- oil and gas 360

Oil steadies above $64 as trade hopes offset U.S. inventories

Reuters LONDON – Oil steadied above $64 a barrel on Wednesday as an industry report showing a surprise boost in U.S. crude inventories was offset by optimism about a U.S.-China trade deal being agreed soon. Oil industry group the American Petroleum Institute on Tuesday said U.S. crude inventories rose by 3.6 million barrels, compared with analysts’ expectations for a decrease.

Chevron sells its natural gas assets in Colombia- oil and gas 360

Chevron sells its natural gas assets in Colombia

Houston Chronicle California oil major Chevron has entered into a deal to sell its natural gas assets in the South American nation of Colombia. In a statement released Tuesday afternoon, Chevron confirmed the sale of its stake in a joint venture with Colombia’s state-run oil company Ecopetrol. Under the deal, Chevron is selling its 43 percent share of the Guajira