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All Stories for Us Energy Information Administration
US oil plunged below $0 a barrel on Monday: Here's all you need to know about negative crude futures and what it means for consumers
• 5 years agoThe price of a barrel of benchmark US oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented global energy glut
Oil prices rise on OPEC-led supply cuts, report of falling US crude inventories despite pressure from Donald Trump
• 7 years agoCrude oil has been rising lately, not due to strong growth and rising demand but primarily due to a politically orchestrated cut in production from OPEC and friends, said an analyst
Crude rises 1% as US threatens sanctions against Venezuela after political turmoil; global oil markets still well-supplied
• 7 years agoRecord US crude production would likely offset any short-term disruptions to Venezuelan supply due to possible US sanctions, Britain’s Barclays on Thursday said in a note.
Crude oil prices inches up on hopes fiscal stimulus by China, Japan to stem economic slowdown
• 7 years agoInternational Brent crude oil futures were at $61.79 per barrel, up 29 cents, or 0.5 percent, from their last close.
Oil prices rise as hopes for stimulus in China heightens
Fp Archives • 10 years agoChinese oil imports fell about 11 percent in May from a year ago in the steepest drop since November 2013.
US pumped 7.5 mn crude oil barrels/day in 2013; biggest boom in 40 yrs
Fp Archives • 12 years agoChina may overtake US to become largest oil importer before year-end
Fp Archives • 12 years agoEnergy-hungry China is expected to overtake the US to become the world's largest net oil importer before the end of this year, according to a report.