By: Reuters – U.S. crude oil inventories at the Cushing, Oklahoma, storage hub have risen to their highest in two years, as...
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[RigZone.com] Woodside Energy Group Ltd. has given the go signal to develop the Trion oil field in Mexico, projecting to spend $7.2...
[RigZone.com]The USA Department of Energy (DOE) has awarded $77 million in the second rollout of an electricity supply modernization grant, raising total...
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Crude oil inventories in the United States increased by 7.1 million barrels during the week ending July 4, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 426 million barrels, still 8% below the five-year average for this time of year.
Additionally, stocks at the Cushing, Oklahoma, delivery hub decreased by 464 thousand barrels.
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