Crude oil inventories in the United States increased by 1.9 million barrels during the week ending April 17, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 465.7 million barrels according to government data, which is still 3% above the five-year average for this...Continue Reading
Lufthansa Cancels Unprofitable European Summer Routes to Save Jet Fuel | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 22, 2026, 9:30 AM CDT Lufthansa Group will remove a total of 20,000 short-haul flights from its European summer schedule, Europe’s biggest airline said as the...Continue Reading
Seadrill has secured new U.S. Gulf contracts for its West Neptune and West Vela drillships, adding $260 million to backlog and reinforcing ultra-deepwater activity in the region. SourceContinue Reading
UK, France Lead 30-Nation Military Push to Reopen Strait of Hormuz | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Apr 22, 2026, 8:30 AM CDT The UK will host on Wednesday and Thursday a two-day multinational conference convening military planners...Continue Reading
Oil Flows via Druzhba Set To Restart Today | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 22, 2026, 7:30 AM CDT The flow of crude oil via the Druzhba pipeline from...Continue Reading
Trump Extends Iran Ceasefire While Maintaining Naval Blockade | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Apr 22, 2026, 7:00 AM CDT The U.S. extended the...Continue Reading
Australian State Bets on Biodiesel To Reduce Reliance on Oil | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 22, 2026, 6:30 AM CDT Australia’s state of Queensland will pour A$25 million...Continue Reading
Global Oil Inventories Drift Toward Record Lows | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Apr 22, 2026, 5:30 AM CDT Global crude oil inventories are approaching a record low as the...Continue Reading
China’s Oil Giants Begin Selling Crude as Refinery Cuts Deepen | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – Apr 22, 2026, 4:30 AM CDT The trading arms of some of...Continue Reading
Trump Weighs Extending the Jones Act Waiver to Ease Fuel Prices | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – Apr 22, 2026, 3:30 AM CDT U.S. President Donald Trump is...Continue Reading
