Thursday, March 6, 2025
Oil prices edge higher, stabilizing after losses with Trump plans in spotlight- oil and gas 360

Oil prices edge higher, stabilizing after losses with Trump plans in spotlight

(Investing) – Oil prices rose slightly Thursday, bouncing to a degree after the recent downturn as traders braced for higher US production and possible disruption to trade under the new Trump administration. At 08:20 ET (13:20 GMT), Brent oil futures expiring in March rose 0.1% to $79.07 a barrel, while West Texas Intermediate crude futures climbed 0.1% to $75.47 a barrel. Crude prices tumbled from a

Weekly Gas Storage: Inventories decrease by 40 Bcf- oil and gas 360

Weekly Gas Storage: Inventories decrease by 223 Bcf

Natural Gas Inventories as of January 17, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 223 Bcf as of January 17, 2025. Working gas in storage was 2,892 Bcf as of Friday, January 17, 2025, according to EIA estimates. This represents a net decrease of 223 Bcf from the previous week. Stocks were