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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 Drops, Bounces Following Inventory Report

The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories rose by 8 million barrels last week, the highest weekly rise of the year so far......»»

Category: blogSource: 247wallstOct 3rd, 2018

Crude Oil Price Dips Following Inventory Report

U.S. commercial crude oil inventories rose by 1.9 million barrels in the week ended last Friday. Analysts were looking from a drop of more than 1 million barrels. U.S. production increased, exports........»»

Category: blogSource: 247wallstSep 26th, 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 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

Oil approaches $80 a barrel; supply starts to look tight

The oil price rallied towards its highest level this year on Wednesday, after a drop in U.S. crude inventories and as the prospect of the loss of Iranian supply added to concerns over the delicate balance between consumption and production......»»

Category: topSource: reutersSep 12th, 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 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 Tanks on Huge Inventory Increase

The U.S. commercial crude oil inventory blew the doors off the consensus estimate for a decline with an increase of nearly 7 million barrels last week. Prices plunged following the report......»»

Category: blogSource: 247wallstAug 15th, 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

Crude Oil Price Up Slightly on Unexpected Increase in Stockpiles

The U.S. commercial inventory of crude oil rose sharply last week, defying analysts estimates for a decline. Crude prices have dipped below $68 a barrel again......»»

Category: blogSource: 247wallstAug 1st, 2018

Crude Oil Price Jumps on Large Inventory Drawdown

The U.S. crude oil stockpile fell by more than 6 million barrels last week, more than double the expected drop. Gasoline inventories also posted a much larger-than-expected drop......»»

Category: blogSource: 247wallstJul 25th, 2018

Crude Oil Price Falls for a 3rd Week Running

Crude Oil Price Falls for a 3rd Week Running $USO, $OIL Crude Oil posted a 3rd weekly loss, as Saudi Arabia‚Äôs reassurances that it will not flo.....»»

Category: topSource: livetradingnewsJul 20th, 2018

US Oil Rig Count Down 5, Crude Price Set to Post Small Weekly Loss

The number of U.S. land-based rigs drilling for oil fell by five this week and the natural gas rig count fell by two. The decline has sent crude prices higher......»»

Category: blogSource: 247wallstJul 20th, 2018

Crude Oil Price Dips Again on Unexpected Inventory Build

The U.S. crude oil inventory added nearly 6 million barrels last week compared with consensus estimates for a decline of more than 3 million barrels. Gasoline inventories fell more than expected,........»»

Category: blogSource: 247wallstJul 18th, 2018

Crude Oil Price Dips Following Massive Drop in Inventories

The U.S. commercial crude inventory fell by more than 12 million barrels last week but the decline was more than offset as inventories of other petroleum products rose......»»

Category: blogSource: 247wallstJul 11th, 2018

Crude Oil Price Drops on Unexpected Stockpile Build

The U.S. commercial crude oil inventory rose by an unexpected 1.2 million barrels last week sending Thursday's crude price into a skid......»»

Category: blogSource: 247wallstJul 5th, 2018

Crude Oil Price Pops on Huge Inventory Draw

U.S. crude oil stockpiles fell by nearly 10 million barrels last week, significantly more than analysts' projected, and the price of crude jumped to more than $72 a barrel......»»

Category: blogSource: 247wallstJun 27th, 2018

US Oil Rig Count Ticks Up Again as Crude Price Slides

The number of U.S. land-based rigs drilling for oil rose by 1 for the second consecutive week. Rigs drilling for natural gas dropped and the total rig count for the week came in at 1,059, down 3........»»

Category: blogSource: 247wallstJun 15th, 2018

Crude Oil Price Tumbles on Unexpectedly Large Inventory Builds

The U.S. crude oil inventory rose last week by an unexpectedly large 2.2 million barrels. Gasoline and distillate inventories also posted larger-than-forecast increases. Crude oil prices slipped........»»

Category: blogSource: 247wallstJun 6th, 2018

Crude Oil Price Curbs Drop on Surprise Inventory Build

A larger-than-expected decrease to U.S. crude oil stockpiles moderated the drop in crude prices following Thursday's report from the U.S. Energy Information Administration......»»

Category: blogSource: 247wallstMay 31st, 2018