U.S. commercial crude oil inventories increased last week. Stockpiles rose by 6.2 million barrels. This rise defied analyst expectations. Experts had forecast a decline of approximately 40,000 barrels.
Tuesday, May 5, 2026
12.8
C
London
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Headlines
Oil Prices Surge, Global Markets Slide as Strait of Hormuz Tensions Mount
Oil prices surged as tensions escalated in the Strait...
SEC Reaches Settlement With Elon Musk Over Delayed Twitter Stake Disclosure
The U.S. Securities and Exchange Commission has reached a...
California Regulators Seek Millions in Fines Against State Farm for Alleged Wildfire Claims Mishandling
California regulators are seeking millions in fines against State...
How a Glass of Passion Fruit Juice Reignited a Chef’s Passion for Trinidadian Cooking
A trip back to Trinidad and Tobago became a...
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