The prices of crude oil resumed their downward trend during the day. Energy Information Administration published its petroleum and oil weekly update in which the EIA estimates a drop in U.S consumption for oil and a rise in production during…
The prices of crude oil declined during recent days as the tensions in the Middle East have subsided. The petroleum and oil weekly report prepared by Energy Information Administration analyzes the ramifications of the rise in domestic oil production on…
The prices of crude oil rose during the day but shifted with an unclear trend during the week as the tensions in the Middle East may have contributed to the volatility in the oil market. The recent EIA report presents…
The Prices of crude oil changed direction and after they had increased on at the beginning of the week, on Wednesday they have tumbled down. The recent EIA report show the oil stockpiles slightly increased in the U.S. The petroleum…
The Prices of crude oil sharply declined today as the recent partial EIA report presents the oil stockpiles remained unchanged in the U.S. The full petroleum and oil weekly report wasn’t published yet by the Energy Information Administration due to…
The Prices of crude oil continue to fall as the recent EIA report shows a gain in oil stockpiles and an ongoing rise in oil production in the U.S. According to the recent petroleum and oil weekly report published by…
The Prices of crude oil remained nearly unchanged today despite the recent EIA report in which the oil production in the U.S continued to rise. According to the recent petroleum and oil weekly report published by the Energy Information Administration,…
The Prices of crude oil resumed its rally yesterday perhaps on account of ongoing tensions in the Middle East and despite the recent EIA report in which the oil production in the U.S continued to increase. According to the latest…
The Prices of crude oil tumble down on today’s trading perhaps on account of the recent EIA report in which it was mentioned the oil production in the U.S continued to rise. According to the recent petroleum and oil weekly…
According to the recent petroleum and oil weekly report published by the Energy Information Administration, there is an analysis on the impact of oil production on imports – as production of light sweet crude rises, imports tend to fall. During…