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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

Oil Inventories Disruption In The Permian Basin

Via Kayrros For the week ending May 27th, Kayrros reported a build in global (excluding the US) crude inventories. The build in global inventories was driven by Egypt, Turkey, and Iraq. Crude inventori.....»»

Category: blogSource: valuewalkJun 5th, 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

US Oil Rig Count Soars This Week, Crude Price Plunges

The number of land-based rigs drilling for oil in the United States rose by 15 this week. High prices for crude oil continue to drive more production......»»

Category: blogSource: 247wallstMay 25th, 2018

Futures Movers: Oil threatens 3rd straight drop as buildup in U.S. supplies drags market lower

Oil prices fall sharply Thursday, as traders appear set to drag futures lower for a third straight session following an unexpected build in weekly U.S. crude inventories a day earlier......»»

Category: topSource: marketwatchMay 24th, 2018

Crude Oil Price Falls on Huge Inventory Increase

The U.S. crude oil stockpile unexpectedly jumped by nearly 6 million barrels last week. That has put downward pressure on prices......»»

Category: blogSource: 247wallstMay 23rd, 2018

Oil holds near 3-year high amid Venezuela sanction concerns

Oil settled slightly lower after trading near the highest price in almost 3 1/2 years as new sanctions on Venezuela and shrinking U.S. crude inventories spurred concerns about tightening worldwide supplies......»»

Category: topSource: moneycentralMay 22nd, 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 Jumps on Iran, Lower Inventories

U.S. crude oil inventories fell by more than 2 million barrels last week, considerably more than expectations. Prices have jumped more than 3%, largely due to the U.S. withdrawal from the nuclear........»»

Category: blogSource: 247wallstMay 9th, 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

Crude Oil Price Slips as Inventory Drops Sharply

U.S. crude oil inventories dropped more than expected last week, but the biggest changes came in how much crude and refined products were exported......»»

Category: blogSource: 247wallstApr 25th, 2018

Oil climbs on Saudi price ambitions and U.S. stocks draw

LONDON (Reuters) - Oil prices kept rising to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters that top exporter Saudi Arabia aims to push prices even higher......»»

Category: topSource: reutersApr 19th, 2018

Crude Oil Price Jumps on Inventory Drawdowns

U.S. petroleum inventories fell by modest amounts last week but the declines pushed crude oil prices to a high of more than $68 a barrel, a price last seen in late 2014......»»

Category: blogSource: 247wallstApr 18th, 2018

Rupee plunges 32 paise to 5-month low of 65.31 on crude price surge

At the inter-bank foreign exchange (forex) market, the rupee resumed on a steady note at 64.99, tracking global currency volatility coupled with steady capital outflows.....»»

Category: topSource: business-standardApr 11th, 2018

US Gas Price Slips as Pressure Weighs on Crude Oil

U.S. retail gas prices fell by about three cents last week and the national average stood at about $2.89 on Monday morning, according industry analysts at GasBuddy......»»

Category: blogSource: 247wallst7 hr. 38 min. ago

What Happened To Global Crude Inventories And Brent Time Spreads This Week?

Kayr.....»»

Category: blogSource: valuewalk12 hr. 23 min. ago

The Blockchain Bubble’s Latest Victim: Digital Cats

Meow, that hurts. Cats helped build the Internet but are having a harder time with blockchain: CryptoKitties, a startup that raised $12 million in March to build out its digital feline project, has hit the skids. While the median price of a .....»»

Category: europeSource: fortune14 hr. 9 min. ago

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

Natural Gas Price Slips on Large Build to Stockpiles

U.S. natural gas stockpiles rose slightly more than expected last week and the larger injections sent wellhead prices down a few cents per million BTUs. Demand is not expected to rise beyond the........»»

Category: blogSource: 247wallstJun 14th, 2018

Oil Targeting $58 ppb Before Finding Support

It is time to take a look at the Crude charts with our Advanced Fibonacci price modeling system......»»

Category: optionsSource: insidefuturesJun 14th, 2018