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Crude Oil Price Moves Up Following Sizable Inventory Decline

U.S. commercial crude oil and gasoline stockpiles declined more than expected last week. Crude oil imports and exports also fell. Prices rose a bit on following the report from the U.S. Energy........»»

Category: blogSource: 247wallstAug 29th, 2018

Crude Oil Price Slumps on Small Decrease in Stockpiles

The U.S. commercial stockpile of crude oil fell less than expected last week while gasoline and diesel fuel inventories increased. Overall, U.S. petroleum stockpiles are higher than in the previous........»»

Category: blogSource: 247wallstAug 8th, 2018

Crude Oil Price Narrows Loss as Inventory Slides

The EIA reports that U.S. crude oil inventories fell by 1.4 million barrels last week and gasoline stockpiles fell by 3.8 million barrels. But production and exports continue rising, offsetting the........»»

Category: blogSource: 247wallstMay 16th, 2018

Crude Oil Price Dips on Larger-than-Expected Inventory Build

The U.S. commercial crude oil inventory rose more than expected last week. Stockpiles of gasoline and diesel fuel dropped, and U.S. crude oil production remained at all-time highs......»»

Category: blogSource: 247wallstNov 21st, 2018

Futures Movers: U.S. oil prices end up as domestic supplies rise a 5th week, but gasoline stores drop

Benchmark U.S. oil futures prices settle higher on Wednesday as domestic gasoline stockpiles post a drop that was three times bigger than expected—outweighing pressure from a fifth weekly rise in crude inventories......»»

Category: topSource: marketwatchOct 24th, 2018

Futures Movers: Oil prices hold gains as U.S. crude supplies rise a 5th week, but gasoline stockpiles drop

Oil futures hold onto earlier gains on Wednesday as U.S. gasoline stockpiles post a drop that was three times bigger than expected—outweighing pressure from a fifth weekly rise in crude inventories......»»

Category: topSource: marketwatchOct 24th, 2018

Crude Oil Price Steady Following Inventory Report

The U.S. stockpile of crude oil dropped by 2.1 million barrels last week and the gasoline inventory fell by 1.7 million barrels. Increased exports of both contributed to both declines......»»

Category: blogSource: 247wallstSep 19th, 2018

Crude Oil Price Rises on Drop in Inventories, Ignoring Big Increases in Gas, Diesel Stocks

U.S. crude oil inventories fell more than expected but production of gasoline and distillates more than offset the drop. Exports of both crude and refined products rose sharply in the week as well......»»

Category: blogSource: 247wallstJun 20th, 2018

API data reportedly show a fall in U.S. crude supply, hefty rise in gasoline stockpiles

The American Petroleum Institute reported Tuesday that U.S. crude supplies fell by 2 million barrels for the week ended June 1, according to sou.....»»

Category: topSource: marketwatchJun 5th, 2018

Oil price hits highest level since 2014 as surplus shrinks

Crude settled at the highest since 2014 as shrinking U.S. oil, gasoline and diesel stockpiles signaled tightening global supplies......»»

Category: topSource: moneycentralMay 16th, 2018

Crude Oil Price Wobbles After Huge Addition to Stockpiles

U.S. crude oil stockpiles rose by more than 6 million barrels last week and gasoline stocks rose by more than 1 million likely due to lower export levels of both crude and refined products......»»

Category: blogSource: 247wallstMay 2nd, 2018

EIA forecasts a nearly 14% rise in summer retail gasoline prices

The U.S. Energy Information Administration forecast a nearly 14% year-over-year rise in summer gasoline prices on the back of expectations for higher crude oil prices, according to a report released Tuesday. The agency forecast an average retail price .....»»

Category: topSource: marketwatchApr 10th, 2018

Oil falls below $60 a barrel as inventories stay high

The oil price fell below $60 a barrel on Thursday, under pressure from high global inventories and a smaller-than-expected drawdown in U.S. crude stockpiles......»»

Category: topSource: reutersDec 13th, 2018

Oil prices rise as Sino-U.S. trade tensions show signs of easing

Oil prices rose on Thursday, buoyed by a drawdown in U.S. crude stockpiles and indications that China is taking concrete steps to put a trade war truce with Washington into action......»»

Category: topSource: reutersDec 13th, 2018

US Energy Agency Sees Big Drop in Crude Price Coming in 2019

U.S. crude oil production continued to rise in November and the U.S. Energy Information Administration is forecasting prices will drop by around 15% on average next year......»»

Category: blogSource: 247wallstDec 11th, 2018

Crude Oil Price Remains Sunk Following Massive Inventory Drop

The U.S. crude oil stockpile dropped by more than 7 million barrels last week largely due to a big jump in crude oil exports......»»

Category: blogSource: 247wallstDec 6th, 2018

Futures Movers: Oil settles at lowest in over a year, with U.S. prices sliding toward $50

Oil futures drop Wednesday to settle at their lowest in more than a year, sending U.S. prices sliding toward $50 a barrel, on the back of a 10th straight weekly rise in U.S. crude stockpiles......»»

Category: topSource: marketwatchNov 28th, 2018

Futures Movers: Oil prices shift higher on dollar weakness, but 10th weekly rise in crude stockpiles limits gains

Oil futures shift higher on Wednesday, giving up earlier losses fed by a 10th straight weekly rise in U.S. crude stockpiles, as remarks from the Federal Reserve chairman appeared to imply fewer future interest-rate hikes, pressuring the dollar......»»

Category: topSource: marketwatchNov 28th, 2018

Crude Oil Price Remains Soft Following 10th Straight Weekly Rise

The U.S. crude oil inventory posted it 10th consecutive weekly rise last week and prices, which had drifted lower Wednesday morning, first dipped lower then steadied......»»

Category: blogSource: 247wallstNov 28th, 2018

API data reportedly show a more than 3 million-barrel rise in U.S. crude supplies

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by nearly 3.5 million barrels for the week ended Nov. 23, according to sources. The API data also showed gasoline supplies declined by 2.6 million barr.....»»

Category: topSource: marketwatchNov 27th, 2018