US net imports of crude oil fell in latest week to lowest on record, EIA says
The decrease in US net imports of crude oil to the lowest on record suggests a tightening supply dynamic, which could signal stronger demand or potential shifts in production.
US House Speaker Johnson expects a 'skinny' reconcilliation package to arrive in the next week
US Senate Majority Leader Thune says it is in everyone's best interests to conclude the probe into Fed Chair Powell
US net imports of crude oil fell in latest week to lowest on record, EIA says
Lebanese official source says "There are positive indications regarding our request for a ceasefire [with Israel]"; according to the same source, no response has been received yet, Kann News reports
US EIA Heating Oil Stocks Change (Apr/10) -0.463M (Prev. 0.233M)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This trend may impact WTI and Brent prices, as less reliance on imports can bolster domestic pricing power and affect inventory levels. Keep an eye on how this influences broader market sentiment and energy stocks in the coming sessions.
Related headlines
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL3 hours ago
- EIA STEO: World oil demand 102.6mln BPD (prev. 102.7mln BPD), 2027 demand 105mln BPD (prev. 105mln BPD). 6 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer4 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 8 hours ago
- US Energy Secretary Wright says current refining capacity is a bigger problem than crude oil supply2 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight6 hours ago
- Newsqawk European Market Wrap - 9th September 20268 hours ago
- US Weekly Private Inventory Data (bbls): Crude -0.3mln (exp. -1.3mln), Gasoline -1.9mln (exp. -1.8mln), Distillate +2.0mln (exp. -0.2mln), Cushing -0.3mln1 hour ago
- Enbridge (ENB) to buy Tallgrass crude business for USD 2.55bln in cash2 hours ago
- Israeli army artillery bombarded the northern parts of the village of Taranja near the outskirts of Quneitra, reports Tasnim2 hours ago
- Oil loading have resumed at the CPC terminal after drone attacks on Tuesday, according to the Kazakh Energy Ministry8 hours ago
- Primer: US to sell USD 39bln of 10-year notes at 18:00BST/13:00 EDT6 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"6 hours ago
- Trump admin official says buyback increase of part of ongoing approach, reports Fox Business7 hours ago
- Explosions reported at King Fahd Airbase in Saudi Arabia33 min ago
- Several explosiosn were heard in Iran's Qeshm and Sirik, according to Fars1 hour ago
- Pakistan has warned Iran to restrain Yemen’s Houthi militants after a rise in Houthi attacks on Saudi Arabia, conveying the message on behalf of Riyadh, reports Reuters citing sources2 hours ago
- Pakistani Ambassador says they believe that a better understanding will soon be achieved between the US and Iran, reports ISNA3 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election4 hours ago
- A US official tells NewsNation on reports of strikes in Iran near the Strait of Hormuz that there are no attacks being carried out by US forces right now: “We're not currently striking”5 hours ago
The whole workspace, free to try.
Try it free