At 433.6 million bbl, US crude oil inventories are about 5% below the 5-year average for this time of year, the EIA report indicated.

M barrels. Crude inventory change: -3.3M barrels vs. 1.7M barrels for the week ended March 14. Consensus estimate 1.500M.

U.S. crude oil refinery inputs averaged 15.8 million barrels per day during the week ending March 21, 2025, which was 87 thousand barrels per day more than the previous week’s average. Refineries ...

or about 1.3 billion barrels, of new geological reserves at two of its shale oil plays. The new reserves were tapped at the Xinxing field in the Jiyang trough of the Bohai Bay basin and the ...

China’s authorities have certified 1.3 billion barrels of new reserves at Sinopec’s two shale plays in the eastern part of the country, the Chinese state-controlled giant said on Monday.

SINGAPORE (Reuters) -- Sinopec said on Monday that the Chinese government has certified about 180 million tonnes, or about 1.3 billion barrels, of new geological reserves at two of its shale oil ...

At 435.2 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year', the EIA said.

U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau are scheduled to a speak on Wednesday, a day after Trump’s new 25% tariffs on imports from Mexico and Canada ...

A Long Island man is facing drunk driving charges after speeding through a road closure on the Southern State Parkway and narrowly missing a state investigator, police said. Kenneth Salgado, 31, of ...