Petroleum OIL (OIL)

News Petroleum OIL

OIL
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Last price update: 18 December
$ 0.04002

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Latest news on Petroleum OIL (OIL) now

Bearish

US Strategic Petroleum Reserve falls to 285 million, lowest since 1982

The US Strategic Petroleum Reserve fell by 403,000 barrels last week to 285 million barrels, the lowest level since November 1982. This was the 25th...
Bearish

Saudi Arabia halts Yanbu oil loadings after pipeline attacks, Brent nears $110

Saudi Arabia suspended oil loadings at Yanbu, its main Red Sea port, after attacks on the East-West pipeline, reported by Reuters. Yanbu exports up...
Bearish

Saudi East-West pipeline closure risks 4% of global oil supply

Saudi Arabia’s East-West pipeline has been shut after recent strikes. Reuters reports that if it is not reopened this week, about 4% of global oil...
Bearish

Trump rules out Iran deal as Brent crude tops $101

President Trump stated the United States is not seeking a deal with Iran and that oil prices will not fall until right after U.S. midterm elections....

Iran Politicians Favor Closing Strait of Hormuz After US Strikes

Iran's politicians are considering blocking the Strait of Hormuz in response to recent US military strikes on Iranian nuclear facilities. This...
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