EIA says crude oil inventories fell 7.42 million barrels
05 January 2018 |
1:00 pm
Bloomberg’s Alix Steel discusses oil prices and production.
Related
19 Sep 2021
Norway's two-day election began Sunday, with many voters concerned about how the oil-rich nation can give up its addiction to fossil fuels. For some, being the world's fastest adopter of electric vehicles isn't enough.
18 Sep 2021
Norway's two-day election began Sunday, with many voters concerned about how the oil-rich nation can give up its addiction to fossil fuels. For some, being the world's fastest adopter of electric vehicles isn't enough.
3 Oct 2021
The Social Democrats' narrow victory in Germany's federal elections suggests the country could be heading into a more progressive future. As coalition talks get started, business leaders want their priorities heard.
4 Oct 2021
In Nigeria, the government has launched a drive to revive the country's once thriving palm oil business, part of a bid to diversify away from petroleum and help create jobs. But small-scale producers say that loans from the Central Bank of Nigeria are only going into the pockets of bigger factory owners.
6 Oct 2021
An oil spill in Southern California closed beaches and led authorities to cancel the last day of the Pacific Air Show. At least 126,000 gallons (98,420 liters) of oil spilled off the coast of Orange County.
7 Oct 2021
The massive oil spill from 480,000 liters leaking off the Orange County coast is slowly moving south, threatening marine-protected areas as well as popular beaches. On the coastline of South California, most beaches are closed, with efforts to clean areas impacted by the oil ongoing.
9 Oct 2021
The standoff over migrants entering the EU between Minsk and Warsaw has hit local Polish businesses near the border, many reliant on tourism. With the winter coming and no end in sight to the crisis, DW visited the area.
16 Oct 2021
Nigeria's dependence on crude oil makes its economy vulnerable. But the transition to an economy not based on oil won't be easy.
24 Oct 2021
Saudi Arabia is creating the "world's first tourism destination on offshore platforms" as part of a drive to diversify the economy away from oil. The Rig will be an oil-themed “extreme park” that will be sitting atop a converted oil rig in the Arabian Gulf.
27 Oct 2021
Report: Africa to see less funding for fossil fuels - Nigeria introduces eNaira digital currency - Solar powered vehicles made in Germany?
27 Oct 2021
Benefitting from soaring demand for online ads, Google's parent company Alphabet reported nearly $19 billion in profits between July and September, up 68 percent from the same period last year. Microsoft's earnings also beat expectations, while French consumers are gearing up for some price hikes at the bakery.
28 Oct 2021
Africa's abundant sunshine is ideal for renewable energy production. But the continent relies heavily on crude oil. Experts warn that the economy will continue to suffer if governments don't wean themselves off of oil.
Latest
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
1 day ago
Clashes between the Congolese armed forces and the M23 militia group have sent thousands of people over the border to Rwanda seeking shelter. Meanwhile, the UK and Rwanda are to settle 50 undocumented migrants who arrived on British shores in the Rwandan capital Kigali; we take a closer look. And Zimbabwe wants to sidestep international conventions to sell its $600 million stockpile in black market ivory – not without controversy.
1 day ago
The Russia House in Davos has always sold the Russia story to global investors, but now it's having to tell a rather bitter truth. In the absence of Russians, Ukraine is making sure Moscow's excesses are not forgotten.
1 day ago
A wave of protests swept across Iran as people went online to express their opposition to the death penalty given to three young Iranians for taking part in demonstrations last year.
1 day ago
The world is facing its worst food crisis in history. Millions of tonnes of wheat are stuck in Ukraine, worsening an already precarious situation for many countries that depend on exports from the region. IMF Managing Director Kristalina Georgieva tells FRANCE 24 Business Editor Kate Moody that only "very strong international mobilisation" will save the lives of millions of people. Also in our update from Davos: EU member states move towards an embargo on Russian oil, but with no consensus on the timeline.
1 day ago
Over two thirds of young Colombians say their lives have got worse over the past year, which saw a fierce crackdown on anti-government protests in a country still recovering from five decades of conflict. Six years after the peace deal with the FARC rebels, many young people are backing the former mayor of Bogota, Gustavo Petro, in the May 29 presidential election. If he wins, Petro would become Colombia's first-ever leftist leader. In this special edition of Inside the Americas, we meet several young Colombians who are hoping for change.