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Crude Oil Price Plunges, Rebounds Following Huge Build in Inventories

U.S. commercial crude inventories increased by around 4 million barrels last week, according to the U.S. Energy Information Administration......»»

Category: blogSource: 247wallstJan 11th, 2017

Crude Oil Price Dives on Huge Build in Gasoline, Distillate Stockpiles

U.S. commercial crude inventories decreased by more than 7 million barrels last week and remains near the upper limit of the average range for this time of year......»»

Category: blogSource: 247wallstJan 5th, 2017

Oil Unsure As Huge Gasoline Inventory Build Offsets Crude Draw

Following last week's surge in crude and product inventories, API reported a much bigger than expected drawdown in crude inventories ( versus -1mm expe.....»»

Category: blogSource: zerohedgeJan 18th, 2017

WTI, RBOB Tumble After Massive Product Inventory Builds

Following API's larger than expected crude draw (and huge product builds), DOE reports massive builds in Distillates (+10mm - biggest sine Jan 2015) and Gasoline (+8.3mm - biggest since Jan 2016) and another big build in Cushing inventories. Crude.....»»

Category: blogSource: zerohedgeJan 5th, 2017

U.S. Crude Price Falls on Surprise Supply Rise

U.S. oil prices fell on Thursday after an industry report showed a surprise build in the country's crude inventories, while Brent futures recovered some ground lost in early trade......»»

Category: topSource: foxnewsDec 29th, 2016

Crude Oil Price Dips on Surprise Inventory Build

U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration......»»

Category: blogSource: 247wallstDec 21st, 2016

Oil Tumbles After Big Surprise Crude, Gasoline Build

After two weeks of huge builds at Cushing (most since 2008), expectations were for a 3rd big weekly build at Cushing (and draw in overall crude). Oil prices kneejerked lower as API reported a major build in overall crude inventories (4.68mm build vs expec.....»»

Category: blogSource: zerohedgeDec 13th, 2016

Crude Oil Price Creeps Up on Inventory Decline, Gasoline Build

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 1.3 million barrels last week,........»»

Category: blogSource: 247wallstNov 23rd, 2016

WTI Crude Rises After Big Drawdown In Gasoline, Distillate Inventories

Following last week's record build in crude inventories, API reported a bigger than expected crude build this week (+4.40mm vs +2mm exp), but the huge draw in gasoline was the most notable (-3.6mm vs -1.5mm exp) as we suspect Colonial pipeline fallout.....»»

Category: blogSource: zerohedgeNov 8th, 2016

Big Jump In Oil Inventories Accelerates Crude Price Tailspin, But It"s Not The Real Reason To Be Bearish

This week's record U.S. inventory build was most likely seasonal/technical in nature, and unlikely to become an ongoing contributor to a bearish trend. Here's what's more likely to keep prices moving lower. This week's record U.S. inventory build wa.....»»

Category: smallbizSource: forbesNov 2nd, 2016

Crude Oil Price Plunges 3% as Inventory Soars

U.S. commercial crude inventories increased by more than 14 million barrels last week, according to the U.S. Energy Information Administration......»»

Category: blogSource: 247wallstNov 2nd, 2016

Oil down; U.S. crude below $50 ahead of inventory data

By Ethan Lou NEW YORK (Reuters) - Oil prices fell 1 percent on Tuesday, with U.S. crude breaking below $50 per barrel for a second straight day ahead of weekly data that could show a build in domestic inventories. A rallying dollar and falling share price.....»»

Category: topSource: yahooOct 25th, 2016

Crude Price Soars on Huge Inventory Draw

U.S. commercial crude inventories decreased by more than 6 million barrels last week, according to the U.S. Energy Information Administration......»»

Category: blogSource: 247wallstSep 21st, 2016

Crude Oil Price Tumbled Early on Massive Addition to US Inventories

US crude oil inventories grew by a massive 13.8 million barrels last week on lower refinery runs. Gasoline inventories fell, but lower refinery usage was likely the cause of this as well......»»

Category: blogSource: 247wallstFeb 8th, 2017

US Stock Indexes Move Lower in Early Trading as Oil Slides

Energy companies are leading U.S. stock indexes slightly lower in early trading after the price of crude declined on weekly data showing oil inventories are at near-record highs.....»»

Category: topSource: abcnewsFeb 8th, 2017

US Crude Inventories Rose Last Week

U.S. crude stocks rose last week, along with gasoline and distillate inventories, the Energy Information Administration said on Wednesday, as refiners continued to let stocks build in a seasonally slow season for production. Crude i.....»»

Category: topSource: marketpulseFeb 1st, 2017

Crude Oil Price Ignores Inventory Growth, Believes in OPEC Cuts

US crude oil inventories swelled by more than 6 million barrels last week, but the increase did not stop a price increase as traders see early results for OPEC-led production cuts......»»

Category: blogSource: 247wallstFeb 1st, 2017

Crude Oil Price Wobbles on Another Big Increase in Gasoline Stockpiles

U.S. commercial crude inventories increased to above the upper limit of the average range for this time of year......»»

Category: blogSource: 247wallstJan 25th, 2017

Crude Oil Price Staggers After Larger-Than-Expected Increase in Inventories

Crude oil inventory rises by about 2 million barrels, pushing prices down by about 2% for February crude. Gasoline stockpiles rose by 6 million barrels even as refiners operated at a lower rate for........»»

Category: blogSource: 247wallstJan 19th, 2017

Natural Gas Price Plunges on Low Storage Drawdown

U.S. natural gas inventories decreased less than expected for the week ending December 30, according too the U.S. Energy Information Administration......»»

Category: blogSource: 247wallstJan 5th, 2017

Oil Dips After an Unexpected U.S. Crude Inventory Build

Oil futures dipped on Thursday after a surprise build in U.S. crude inventories reversed an advance in prices that had boosted the benchmarks to their highest levels since July last year......»»

Category: topSource: foxnewsDec 29th, 2016