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Yesterday
04:43
News OilPrice.com — Energy news

US Crude Oil Inventories See Massive Drop Off

The World Bank needs profound reforms, including reversing a ban on upstream oil and gas financing, U.S. Treasury Secretary Scott Bessent said in a statement for the World Bank Development Committee and the IMF International Monetary and Financial Committee. The World Bank has ma

Wednesday 14 Oct 2026
07:00
News OilPrice.com — Energy news

Wall Street Sees Inflation Easing Even With Oil Above $90

The U.S. Consumer Price Index (CPI) report is due to be released on Wednesday, with economists predicting that key inflation metrics continued to moderate in September despite elevated oil prices, giving the Fed room to slow down on interest rate hikes. For September, economists

05:00
News OilPrice.com — Energy news

Stranded Middle East LNG Supply Upends Gas Markets

The LNG supply out of the Middle East has not recovered in any meaningful way seven and a half months after the Iran war choked oil and gas shipments through the Strait of Hormuz. Since March, some occasional LNG cargoes have managed to squeeze through the chokepoint where a fift

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