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Tuesday, July 7, 2026

January 5, 2023

U.S. crude oil inventories decrease by 6.1 million barrels- oil and gas 360

U.S. crude oil inventories increase by 1.7 million barrels

January 5, 2023

Weekly Crude Oil Storage as of December 30, 2022     U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.7 million barrels from the previous week.  At 420.6 million 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

U.S. natural gas prices continue to tumble

January 5, 2023

Oil Price The benchmark U.S. natural gas prices tumbled again on Thursday to the lowest level in nearly a year on warmer-than-normal weather.   As of 9:01 a.m. ET, the benchmark price at the Henry Hub had plunged by more than 7% at $3.888 per million British thermal units (MMBtu), for a 7.14% drop on the day. Prices are now down by 57% compared

Oil slightly rebounds after biggest drop in decades at start of year, but prices still down- oil and gas 360

Oil slightly rebounds after biggest drop in decades at start of year, but prices still down

January 5, 2023

BOE Report While oil prices slightly rebounded on Thursday after posting the biggest two-day loss for the start of a year in three decades with the shutdown of a U.S. fuel pipeline providing support, though economic concerns capped gains, and prices were still down. Big declines in the previous two days were driven by worries about a global recession, especially

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