#crude-oil
Latest news and interesting information about crude-oil.
Azeri Light crude oil price drops
Azeri Light crude oil price dropped by $6.35 to $90.5. Azerbaijani oil becomes cheaper on global markets.
Brent crude oil up 4%
Brent crude oil surged 4% to $98.2/barrel on London exchange. WTI crude also rose 4.09%.
Brent crude oil falls again
Brent crude oil price drops again. ICE exchange shows 1.53% decline to $98.06 per barrel.
Global oil reserves drop at record pace
Global oil reserves are dropping at a record pace. Analysis from Goldman Sachs, impact of Middle East war, and risk of energy crisis.
Crude Oil Stocks Drop More Than Expected
API reports U.S. crude inventories fell by 9.1 million barrels, signaling robust demand and potential price increases.
South Korea Halts Iran Crude Imports in April
South Korea imported no Iranian crude in April; total crude imports fell to 8.5 million tonnes.
US crude oil inventories sharply drop
U.S. crude oil inventories fell 4.3 million barrels last week. Strategic reserves also declined, while production increased. EIA releases 2026 forecast.
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