Advertisements


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

Crude Oil Price Rises as Inventory Plunges

U.S. crude oil stockpiles fell by more than 7 million barrels last week, putting more support under rising crude oil prices. Gasoline and distillate (diesel fuel) inventories increased......»»

Category: blogSource: 247wallstJul 26th, 2017

Crude Oil Price Plunges 4% Following Massive Inventory Increase

The U.S. crude oil inventory rose by 3.3 million barrels last week, much higher than the expected decline of 3.5 million barrels. Gasoline and diesel fuel inventories rose far more than expected as........»»

Category: blogSource: 247wallstJun 7th, 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

Oil rises as IEA forecast overshadows US crude build

US gasoline prices, however, fell despite a record drawdown in inventories of the motor fuel.....»»

Category: topSource: business-standardSep 13th, 2017

Crude Oil Price Ticks Up Following EIA Inventory Report

U.S. crude oil inventories rose last week, but the gains were more than offset by declines in stockpiles of gasoline and distillate products like diesel and jet fuel......»»

Category: blogSource: 247wallstSep 13th, 2017

Crude Oil Price Sinks as Inventory Drop Is Offset by Gasoline Stockpile

Crude oil inventories dropped last week, ahead of the major impact from tropical storm Harvey, but gasoline inventory levels are keeping pressure on crude prices. That could change when next week's........»»

Category: blogSource: 247wallstAug 30th, 2017

Gold Soars As Oil Is Sent To The Naughty Corner

Concerning price action with oil falling on very bullish inventories as Trump and the FOMC indirectly boost gold. The official U.S. Crude Inventories delivered last night, announcing a monster draw.....»»

Category: topSource: marketpulseAug 16th, 2017

Crude Oil Price Bounces Down, Then Back, on Mixed Inventory Report

U.S. crude oil stockpiles fell by more than 6 million barrels last week, but gasoline inventories unexpectedly rose and refinery runs were significantly higher than anticipated......»»

Category: blogSource: 247wallstAug 9th, 2017

Crude Oil Price Slips on Small Change to Inventory Levels

U.S. commercial crude oil stockpiles dropped slightly last week, mainly the result of higher refining runs even as imports also rose a bit. Gasoline inventories also fell last week while imports rose........»»

Category: blogSource: 247wallstAug 2nd, 2017