Crude oil inventories in the United States fell by 4.3 million barrels during the week ending May 30, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. Energy Information Administration. On Tuesday, the American Petroleum Institute...Continue Reading

Russia’s Wealth Fund Shrinks by $5.8 Billion Amid Oil Price Slump | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 04, 2025, 9:30 AM CDT Russia’s National Wealth Fund, a rainy-day reserves fund, saw its liquid assets drop by the equivalent of nearly $6 billion...Continue Reading

Kazakhstan’s State Oil Firm Eyes Yuan Bonds as It Defies OPEC+ Cuts | 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 Premium Content By Tsvetana Paraskova – Jun 04, 2025, 9:00 AM CDT KazMunayGas may issue panda...Continue Reading

Japan’s LNG Inventories Rise Ahead of Peak Summer Demand Season | 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 – Jun 04, 2025, 8:20 AM CDT Japanese utilities are boosting their inventories...Continue Reading

PetroChina to Shut Its Largest Northern Refinery Within Weeks | 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 – Jun 04, 2025, 7:16 AM CDT State-run oil giant PetroChina will shut the...Continue Reading

Global Automakers Alarmed Over China’s Rare Earths Export Controls | 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 – Jun 04, 2025, 5:30 AM CDT Germany’s automotive industry group VDA joined other...Continue Reading

Texas Removes BlackRock From Energy Boycott Blacklist | 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 – Jun 04, 2025, 3:40 AM CDT Texas has removed BlackRock from its list of oil and gas...Continue Reading

Iran Oil Exports to China Shrink | 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 – Jun 04, 2025, 2:40 AM CDT Crude oil exports from Iran to its biggest buyer, China, shrank last...Continue Reading

Alaska LNG Interest Hits $115 Billion | 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 – Jun 04, 2025, 1:41 AM CDT Energy companies are ready to commit to buying $115 billion worth of...Continue Reading

Oil Bulls Bite Back as Prices Defy Expectations | 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 Premium Content By Irina Slav – Jun 03, 2025, 7:00 PM CDT OPEC+ confirmed another 411,000 bpd production increase for July, but...Continue Reading