Oil Moves Higher As EIA Reports Huge Crude Draw | OilPrice.com

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Crude oil prices jumped higher today after the U.S. Energy Information Administration estimated inventories in the country had shed 12.5 million barrels in the week to May 19.

South Africa Considers Countering Its Energy Crisis With CoalOil Prices Rise On Signs Of A Tightening MarketCrude Prices Rise On Surprise Inventory DrawQatar: Aggressive Energy Transition Policies To Create Gas ShortagesIraq Awaits Turkey’s Go-Ahead To Resume Kurdistan Oil ExportsBoeing CEO Sees No Cheap Way To Decarbonize The Aviation SectorRepairs Force Shell To Cut Oil Imports At Its Singapore RefineryOil Prices Inch Higher As Debt Ceiling Talks Drag OnFord Unveils 3 Lithium Supply Deals For...

Plans To Jointly Buy Key Minerals And Hydrogen After Gas Purchase SuccessIEA: New G7 Price Cap Pledge Unlikely To Impact Oil MarketsWarren Buffett Buys Up Even More Occidental PetroleumNew Mexico Accounted For 50% Of U.S. Oil Production Growth In 2022ClientEarth Asks High Court To Reconsider Its Case Against ShellSaudi Arabia, Russia May Cut Production, But Don’t Expect Exports To PlungeRussia’s Oil Revenues Sag Due To Price Cap Says U.S.

 

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