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US oil futures rise

Oil prices steady as markets weigh demand against US inventories

Oil prices were little changed on Thursday as investors weighed firm winter fuel demand expectations against large U.S. fuel inventories and macroeconomic concerns.

MarketWatch on MSN · 22h

Oil prices settle lower as U.S. crude supplies fall but product stocks rise

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate stockpiles climbed by more than 6 million barrels each.

uk.investing.com on MSN · 1d

US oil futures rise after API reports much larger drop in US crude stocks

U.S. crude oil futures inched higher in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude stockpiles. Crude Oil WTI Futures,

Namibia's oil prospects hurt

Reuters on MSN · 22h

Shell writes down Namibia oil discovery

Shell will write down around $400 million in its fourth quarter results relating mainly to an oil and gas discovery offshore Namibia, the company said on Wednesday. The British company told Reuters that discovered oil and gas resources in offshore block PEL 39 in Namibia "cannot currently be confirmed for commercial development.

GlobalData on MSN · 8h

Shell writes down $400m on unviable oil discovery in Namibia

Shell has determined that an oil discovery off the coast of Namibia is not commercially viable, leading to a projected write-down of around $400m (£325.52m), reported Reuters. This decision is a setback for Namibia's ambition to establish itself as an oil producer.

Business Insider Africa on MSN · 9h

Namibia's oil prospects hurt as Shell writes down offshore oil discovery

There have been several oil explorations by major oil conglomerates in the Southern African country of Namibia in recent years. Shell has announced a $400 million write-down related to an offshore oil discovery in Namibia,

5h

Renewables Meet Reality: Fuel Oil Still A Problem In New England

States like Massachusetts, Connecticut, and Maine, legislated with binding laws that set limits on emissions to mitigate ...

5h

Putin says more needs to be done to clean up Black Sea oil spill

Russian President Vladimir Putin said on Thursday that more needed to be done to clean up an oil spill in the Black Sea, ...

1don MSN

Exxon Mobil warns that lower oil prices and tighter refining margins will weigh on earnings

Exxon Mobil has warned that lower oil prices and a squeeze on refinery margins will hurt its fourth-quarter earnings. Exxon ...

7h

Kingfisher dies following oil spill on canal

A kingfisher has drowned after flying into a oil spill on a canal waterway. According to eyewitnesses, the bird dipped into ...

22hon MSN

US oil imports from Canada hit record ahead of tariffs threat, EIA data shows

U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information ...

2d

Oil Bull Crowd Grows to Start 2025 on Trump Trade, Technicals

Money managers are turning increasingly bullish on oil to start 2025 as technical signals prompt algorithmic traders to dump ...

3don MSN

Biden issues ban on offshore oil and gas drilling in most federal waters. Trump vows to undo it

Biden's last-minute actions could be difficult for President-elect Trump to unwind, since they would likely require an act of ...

8h

Caution urged as oil spill affects St Helier roads

People driving through St Helier have been asked to drive with caution due to an oil spill. Police said the spill was ...

3d

Russia’s oil future dims as US mulls new sanctions

The latest U.S. sanctions on Russian oil are rumored to be expansive, encompassing two Russian oil companies and more than ...

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