EnergyNigeria
US Crude Inventories Rise 16 Million Barrels as Producers Recalibrate Capex Amid Geopolitical Uncertainty
US commercial crude stocks climbed to 435.8 million barrels while major producers including Occidental and EOG Resources adjust capital expenditure strategies, signaling cautious optimism despite ongoing US-Iran diplomatic tensions.
Tumaini Ndoye·4 min read··