NYSE:BNO

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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Sen. John Hoeven, R-N.D., discusses a proposed $15 billion farm aid package and President Donald Trump's efforts to cut energy prices and American energy dominance.
The bearish EIA report put additional pressure on oil markets.
The Trump administration is allowing China to purchase Venezuelan oil but not at "unfair, undercut" prices at which Caracas sold the crude before the U.S. removed its leader Nicolas Maduro, an adminis

U.S. Crude Oil Stockpiles Post Weekly Increase

12:34pm, Thursday, 22'nd Jan 2026
Commercial crude oil stocks rose last week by 3.6 million barrels as refineries ran at a slower rate, said the Energy Information Administration.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 200 points on Thursday.
WTI crude oil stalls at 200-day MA as EIA inventory build expected. Oversupply battles Iran risk premium; range-bound trade at $59.40 sweet spot.
A profound proposed reform of Venezuela's hydrocarbons law would allow foreign and local companies to operate oilfields on their own through a new contract model, commercialize output and receive sale
Trading house Vitol is preparing to export Venezuelan fuel oil, a step to expand shipments from the OPEC nation under a flagship U.S.-backed oil supply deal following the capture of President Nicolas
The light sweet crude oil market has pulled back in early Thursday morning trading, as we continue to see the market try to carve out its next range.
US Energy Secretary Chris Wright discusses the benefits of President Donald Trump's style at the World Economic Forum, the US's ultimate goal for Venezuela's energy industry, and his plans to visit th
US Energy Secretary Chris Wright called on the world to more than double oil production on Thursday, while simultaneously criticising the European Union and California for what he termed a wasteful fo
The world needs to more than double oil production, U.S. Energy Secretary Chris Wright said on Thursday, while criticising the European Union and the U.S. state of California for wasting money on what
Years of discipline have made companies such as Halliburton and SLB lean and efficient.
Global oil glut predictions are seriously exaggerated as demand growth remains strong and global oil stocks are depleted, Amin Nasser, chief executive of Aramco , the world's biggest oil producer, sai
Oil edges higher despite a 3M barrel inventory build, while natural gas surges above $5.25 as traders weigh breakout momentum against oversupply risks.
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