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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 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 hits four-year high after OPEC+ shows no sign of turning on the taps

The oil price shot to its highest in four years on Tuesday, catapulted by upcoming U.S. sanctions on Iranian crude exports and the apparent reluctance of OPEC and Russia to raise output to offset the potential hit to global supply......»»

Category: topSource: reuters12 hr. 40 min. ago

European markets dip as trade war, Brexit pessimism weigh

European stock markets traded in negative territory on Monday as fears of an escalating trade row between the United States and China spread from Asian markets, while oil rallied as U.S. sanctions restricted Iranian crude exports......»»

Category: topSource: reutersSep 24th, 2018

US Gas Price Ticks Higher Again, but Lower Prices Seen Ahead

U.S. gasoline prices barely changed last week, rising by just half a penny, even though crude oil prices rose about 2%. The difference is due to the refineries' switch to lower-cost winter fuel and........»»

Category: blogSource: 247wallstSep 17th, 2018

Crude Oil Price Holds Gains as Gasoline, Diesel Inventory Gains Outweigh Crude Decline

The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories fell by more than 5 million barrels last week. Product inventories (gasoline and........»»

Category: blogSource: 247wallstSep 12th, 2018

Futures Movers: Oil prices rise amid hurricane fears, OPEC data

U.S. oil prices early Wednesday trade higher as Hurricane Florence was barreling toward the East Coast, boosting demand for crude and raising worries about disruptions to gasoline flows and pipelines in the region......»»

Category: topSource: marketwatchSep 12th, 2018

Futures Movers: Oil prices rise amid hurricane fears, ahead of OPEC inventory report

U.S. oil prices early Wednesday trade higher as Hurricane Florence was barreling toward the East Coast, boosting demand for crude and raising worries about disruptions to gasoline flows and pipelines in the region......»»

Category: topSource: marketwatchSep 12th, 2018

Oil prices rise on declining US crude stockpiles

U.S. crude stocks fell by 8.6 million barrels in the week to Sept. 7 to 395.9 million barrels......»»

Category: topSource: foxnewsSep 12th, 2018

Oil prices rise on declining U.S. crude stockpiles, looming Iran sanctions

Oil prices rose on Wednesday following a report of declines in U.S. crude inventories and as looming sanctions against Iran raised expectations of tightening supply, while top producer Russia warned of a fragile global crude market......»»

Category: topSource: reutersSep 12th, 2018

US Gasoline Price on Course to Rise More in 2019

The U.S. Energy Information Administration on Tuesday released its Short-term Energy Outlook for September. The agency sees gasoline prices averaging about $2.76 a gallon this year, but rising by........»»

Category: blogSource: 247wallstSep 11th, 2018

Crude Oil Price Wobbles Following In-Line Inventory Report

U.S. crude oil inventories dropped by more than expected last week, but increases to gasoline and distillate inventories outweighed decline. Prices did not move much immediately following the report......»»

Category: blogSource: 247wallstSep 6th, 2018

Crude Oil Price Holds On to Gain as Stockpiles Drop

U.S. commercial crude inventories dropped by 5.8 million barrels last week even though refineries are running nearly flat out. Prices pared their early gains, but still hold onto to an increase of........»»

Category: blogSource: 247wallstAug 22nd, 2018

US Gas Price Slides This Week

Gasoline pump prices have dropped just over a penny in the last week according to GasBuddy. Crude has been trading in a relatively limited range partly due to a strengthening greenback......»»

Category: blogSource: 247wallstAug 13th, 2018