Crude Oil Inventories Slip But Prices Eyeing Tariff Fears

U.S. oil imports, exports down last week

HOUSTON, April 9 (Xinhua) -- U.S. crude oil imports and exports decreased during the week ending April 4, the U.S. Energy Information Administration (EIA) said on Wednesday. Read full story

Crude Oil Inventories Slip But Prices Eyeing Tariff Fears

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4

Lessons from (Another) Crude Oil Price Collapse - Centre for Future Work

This commentary draws on analysis of oil futures markets contained in the Centre for Future Work’s recent report, Counting the Costs: Impacts of the 2022 Oil Price Shock for Canadian Consumers and Workers, by Jim Stanford and Erin Weir. That report computes the costs of the 2022 oil price spike for Canadians: directly & indirectly it cost the average Canadian household $12,000 over 3 years. …

Crude Market Strained by Record Non-OPEC+ Supply and OPEC+ Output Hike - mfame.guru

Non-OPEC+ crude exports hit a record 16 mbd in March 2025, led by Brazil, Colombia, the UK, and Canada, while US exports stagnated below 4 mbd. OPEC+ plans to increase production by 411,000 bpd in May, contributing to fears of oversupply and causing Brent crude to drop below $65/bbl. Crude inventories are rising globally due to weak Atlantic Basin demand, refinery maintenance, and longer shipping routes to Asia. The crude oil market is enterin…

United States API Weekly Crude Oil Stock declined to -1.057M in April 4 from previous 6.037M

United States API Weekly Crude Oil Stock declined to -1.057M in April 4 from previous 6.037M