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Post Tagged with: "U.S. Inventories"

Source: Reuters

Oil prices rise on falling U.S. crude inventories

World Oil

(Bloomberg) –Oil rallied after a U.S. industry report showed another big draw in crude inventories, pointing to a tightening market, and China’s central bank added liquidity to quell concern about a major developer’s debt woes.

West Texas Intermediate …

September 22, 2021 - 10:30 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Exploration and Production (E&P)
Saudi Arabia’s Oil Shipments to America have Plunged to 1988 Levels

Saudi Arabia’s Oil Shipments to America have Plunged to 1988 Levels

Reducing exports to U.S. – strategy worked

From CNN/Money

Saudi Arabia’s oil shipments to the United States have declined sharply despite closer ties between the two nations under President Trump.

American imports of Saudi crude dropped 14% last year to …

March 21, 2018 - 1:24 pm — Closing Bell Story‎, Energy News, OPEC
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