- — Crude Oil Inventories Surge, Defying Market Expectations
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at 9/23/26 3:00pmThe Energy Information Administration (EIA) has reported a significant increase in U.S. crude oil inventories, a development that caught market participants by surprise. The latest data reveals an actual increase of 2.969 million barrels in crude oil inventories. This figure starkly contrasts with the market’s forecasted decline of 0.700 million barrels, signaling an unexpected buildup. ...- — European countries urge for joint policy action to tackle soaring oil prices
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at 9/23/26 3:00pmEuropean leaders have called for joint policy action, including relaxed fuel quality standards and revised biofuels regulations, to help bring fuel costs down from record highs ahead of the peak winter demand season. Since the latest flare-up in the Middle East conflict, Europe has seen fuel costs set fresh record highs, sparking concerns over affordability ... - — Urals Oil Prices Fall
- at 9/23/26 3:00pmRussian Urals crude fell to around $107 a barrel, down from above $120 on September 16, as weaker shipments, new US sanctions and the gradual restoration of Saudi Arabian oil flows increase competition in key markets. Russia’s overseas crude exports averaged 3.53 million barrels a day in the four weeks through September 20, while weekly ...
- — The Commodities Feed: Brent drops below $100
- at 9/23/26 3:00pmEnergy – Saudi pipeline restart weighs on oil prices Oil prices fell sharply on Wednesday, with Brent dropping below $99/bbl and WTI trading near $89/bbl. The sell-off was driven by expectations of rising Saudi crude exports, diplomatic progress between the US and Iran, and a larger-than-expected build in US crude inventories, all of which helped ...
- — Oman crude drops slightly as Brent falls below $100
- at 9/23/26 3:00pmThe official price of the Oman Crude for November delivery dropped by $0.03 to $110.19 per barrel on Wednesday. The monthly average price of Omani crude oil for September delivery was US$76.36 per barrel, down US$2 and 73 cents compared to the price of August delivery, while the average monthly price for October has been ...
- — Oil falls below $100 after Trump reports talks with Iran
- at 9/23/26 3:00pmOil prices fell on Wednesday after US President Donald Trump said American and Iranian representatives had held talks at the United Nations. Brent crude, the international benchmark, was trading at $98.41 a barrel in the morning in Europe. US benchmark West Texas Intermediate cost $89.21 a barrel for next month delivery. Brent has repeatedly risen ...
- — Oil hovers below $100 as Trump signals progress in Iran talks
- at 9/23/26 4:00amOil prices sat below the $100-a-barrel level on Wednesday, as investors assessed signs of diplomatic progress between the U.S. and Iran and improving prospects for Middle Eastern crude flows. By 04:28 ET (08:28 GMT), Brent crude futures, the global oil benchmark, had inched up by 0.2% to $99.48 a barrel, while U.S. West Texas Intermediate ...
- — Crude Stock Surprises with Unexpected Increase, Defying Forecasts
- at 9/23/26 4:00amThe American Petroleum Institute (API) has released its latest report on the weekly crude stock levels, revealing an unexpected increase in US crude oil inventories. The most recent data shows an actual increase of 1.786 million barrels, which stands in stark contrast to the forecasted decline of 0.500 million barrels. This unexpected rise in crude ...
- — War is reshaping LNG beyond winter
- at 9/23/26 4:00amIf LNG leaders went to Gastech 2026 in Bangkok looking for signs of direction amid the turmoil of the conflict in the Middle East, they left sorely disappointed. But over the four days came a collective realisation that the LNG market is not going back to normality any time soon. As conference Knowledge Partner, Wood ...
- — US refiners may maximize distillate output at expense of petchems
- at 9/23/26 4:00amUS production of aromatics from refineries could get squeezed as refiners seek to maximize distillate production at a time when diesel and jet fuel are earning significant premiums over gasoline. Spreads are approaching records last seen in 2022, when the war started between Russia and Ukraine. After a respite from that earlier surge, spreads have ...
- — US Natgas Prices Hit 11-Week High
- at 9/23/26 4:00amUS natural gas prices climbed above $3.0/MMBtu, reaching their highest level since July 8, as forecasts for hot US autumn weather pointed to stronger demand for gas-fired power generation. Above-average temperatures are expected across the South-Central US through October 6, potentially extending air-conditioning use and lifting gas consumption. The storage surplus is also shrinking as ...
- — EIA: Public companies produce most U.S. crude oil and natural gas
- at 9/22/26 3:00pmPublicly traded companies represent a tiny share of the total number of companies producing crude oil and natural gas in the United States, but they make up a large share of U.S. production. In 2025, publicly traded companies accounted for just 2% of about 12,000 oil and natural gas producers but produced 68% of the ...
- — G7 considers another oil stocks release – Emmanuel Macron
- at 9/22/26 3:00pmThe Group of Seven (G7) countries are planning to convene in the coming weeks to discuss another round of release from their emergency oil stocks amid supply concerns due to dispute in Saudi oil deliveries. The G7 leaders will meet to discuss emergency stock levels, production capacity and assess unlocking their Strategic Petroleum Reserves (SPRs) ...
- — Speculators increase net-long positions in Brent
- at 9/22/26 3:00pmMoney managers and hedge funds have increased their net-long bets on ICE Brent futures in the week to 15 September. Speculators bought a little short of 17,000 lots as of 15 September, increasing net-long positions in Brent futures to over 282,000 lots. The surge in net-long positions marks the second consecutive week of rise. Gross-long ...
- — Oil rises as markets eye U.S.-Iran talks, Saudi flows
- at 9/22/26 4:00amOil prices rose in Asian trading on Tuesday after four consecutive sessions of losses, as investors focused on the possibility of U.S.-Iran talks on the sidelines of the United Nations General Assembly this week. As of 02:02 ET (06:02 GMT), Brent Oil Futures expiring in November rose 1.5% to $101.82 per barrel, while West Texas ...
- — Oil markets strain to plug the gap left by Middle East supply shortfall
- at 9/22/26 4:00amUpward oil price pressures resume as Middle East disruptions persist Benchmark oil prices have once again been on an upward trend in recent weeks as renewed hostilities in the Middle East conflict have brought more disruptions to the region’s oil exports. Prices for crude and oil products had eased from their April peaks in the ...
- — WCS crude discounts widen on major refinery works, reduced pipeline capacity
- at 9/22/26 4:00amWestern Canadian Select crude differentials to West Texas Intermediate remained at over two-year lows on Sept. 21, marking their seventh consecutive day of declines, amid major planned refinery work, maxed-out pipeline capacity, and rising production, according to comments from industry officials and Platts assessments from SP Global Energy. Platts assessed WCS at Hardisty, Alberta, down ...
- — Brussels to keep ban on Arctic oil and gas drilling despite Norwegian pressure
- at 9/22/26 4:00amA ban on new oil and gas drilling in the Arctic will remain the European Commission’s official position in a revised strategy Brussels is due to unveil, a Commission spokesperson told Euronews, despite fierce pressure from oil-rich Norway to drop the ban. The revised version of the EU’s 2021 Arctic strategy will be announced on ...
- — The LNG glut has been delayed, not cancelled
- at 9/22/26 4:00amIEEFA was an early voice warning that an unprecedented wave of new LNG supply could leave exporters chasing too few buyers. By 2024, the International Energy Agency (IEA)’s World Energy Outlook was pointing in the same direction. Market analysts were expecting the glut to start hitting this year, causing prices to drop materially. However, the ...
- — European Gas Prices Rise After Sharp Drop
- at 9/22/26 4:00amEuropean natural gas prices rose toward €74 per megawatt-hour on Tuesday, having slumped nearly 8% to a two-week low in the previous session on renewed diplomatic efforts to end the Middle East war and improving vessel flows. Investors are awaiting developments on potential talks between US President Trump and Iranian President Pezeshkian this week, as ...
- — US rig count gains
- at 9/21/26 3:00pmThe total number of rigs drilling for crude oil and natural gas in the US increased by four to 595 in the week ending 18 September, according to Baker Hughes. The number of oil and gas rigs increased by two units each over the week to 452 and 134, respectively. There were also nine miscellaneous ...
As of 9/23/26 7:33pm. Last new 9/23/26 4:44pm.
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