Saturday, October 25, 2025
Oil prices firm on OPEC's go-it-slow approach to adding supply- oil and gas 360

Oil prices firm on OPEC’s go-it-slow approach to adding supply

Reuters NEW YORK/LONDON -Oil prices rebounded from losses on Wednesday after U.S. crude inventories rose by more than anticipated, and as OPEC plans to maintain its deliberate approach to adding supply to the market despite strong worldwide demand. U.S. crude stockpiles rose by 4.6 million barrels last week, exceeding expectations, boosted by a rebound in output as offshore facilities shut

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories increase by 4.6 million barrels

Weekly Crude Oil Storage as of September 24, 2021   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.6 million barrels from the previous week. At 418.5million barrels, U.S. crude oil inventories are about 7% below the five year average for this time of year, according to the EIA crude oil and petroleum weekly