Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Imports now account for around 80% of total refined fuel consumption ... two refineries rely on imported crude oil, as ...

US crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million bpd.

Heating oil demand surges as colder weather sweeps the U.S. and Europe, adding support to crude oil prices last ... in key regions boosting heating oil consumption. In the U.S., easing inflation ...

BTC Hits $83kSat, 12 Apr 2025 05:00:06 GMT Crude oil prices struggled this past ... signaling weaker consumption and raising concerns about a supply overhang. The Energy Information Administration ...

Oil prices touched their lowest level since the pandemic on Monday, with growth fears hammering the outlook for energy demand at a time when global supply is set to increase. Crude prices extended ...

NEW YORK (Reuters) - U.S. crude oil stockpiles rose last week as imports ... bpd from 8.5 million bpd in the previous week. Lower consumption heading into the peak summer demand season has worried ...

Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The API report is based on voluntary survey responses from its members ...