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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

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

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

Crude Oil Price Remains Flat, Waiting for January Cuts to Start

U.S. commercial crude inventories increased by 600,000 barrels last week, according to the U.S. Energy Information Administration......»»

Category: blogSource: 247wallstDec 29th, 2016

Oil prices steady as U.S. stock build slows upswing

SINGAPORE (Reuters) - Oil prices steadied on Thursday after a surprise build in U.S. inventories helped stall an uptrend that has pushed global crude benchmarks to around 18-month highs......»»

Category: topSource: reutersDec 29th, 2016

WTI prices fall on surprise build in U.S. crude stocks

Singapore (Reuters) - U.S. oil prices fell on Thursday after an industry report showed a surprise build in the country's crude inventories, while Brent futures came off early lows to trade marginally higher......»»

Category: topSource: reutersDec 29th, 2016

Futures Movers: Oil prices slip as report shows build in U.S. crude inventories

Oil prices retreat late-morning Wednesday after the U.S. Energy Information Administration reported a larger-than-expected climb in crude inventories......»»

Category: topSource: marketwatchDec 21st, 2016

Oil Prices Lifted by Expected Fall in U.S. Inventories

Oil rose on Wednesday, driven by expectations for a decline in U.S. crude inventories and bringing price gains for December to.....»»

Category: topSource: marketpulseDec 21st, 2016

Oil prices climb amid expected drop in US inventories

Oil rose Wednesday, driven by expectations for a decline in U.S. crude inventories and bringing price gains for December to 10 percent, which would be the strongest performance in the final month of the year in six years......»»

Category: topSource: moneycentralDec 21st, 2016

Oil prices lifted by expected fall in U.S. inventories

LONDON (Reuters) - Oil rose on Wednesday, driven by expectations for a decline in U.S. crude inventories and bringing price gains for December to 10 percent, which would be the strongest performance in the final month of the year in six years......»»

Category: topSource: reutersDec 21st, 2016