By Julianne Geiger – Feb 26, 2025, 9:46 AM CST Crude oil inventories in the United States saw a decrease of 2.3 million barrels during the week ending February 21, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were mixed prior to the crude data release by
Crude oil prices reversed a decline from the start of this week, moving higher after the American Petroleum Institute reported the first weekly decline in inventories in over a month. If the inventory dip gets confirmed today by the Energy Information Administration, the price rise will likely extend towards the end of the week. At
By Arathy Somasekhar (Reuters) – Oil prices edged higher on Thursday for the third straight session after government data showed a steep draw in U.S. crude stockpiles, rebounding from multi-month lows touched this week. Brent crude futures rose 23 cents, or 0.3%, at $78.56 a barrel by 0017 GMT, while U.S. West Texas Intermediate crude