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Gasoline Slumps on Huge Build, Crude Down Despite Big Draw

Zacks.....»»

Category: topSource: redinewsDec 7th, 2017

Gasoline Slumps on Huge Build, Crude Down Despite Big Draw

Zacks.....»»

Category: topSource: redinewsDec 7th, 2017

WTI/RBOB Steady Despite Huge Gasoline Build, New Crude Production Record

Despite last night's surprisingly large API-reported crude draw, WTI/RBOB prices were sliding in early trading but as the DOE data printed prices stabilized despite.....»»

Category: blogSource: zerohedgeDec 13th, 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

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

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

Oil slips as US gasoline stock build overshadows crude draw

NEW YORK, Dec 13 (Reuters) - Oil prices dipped on Wednesday as a slump in U.S. crude stockpiles was offset by a larger-than-forecast rise in gasoline inventories and as U.S. crude output continued to grow to record highs......»»

Category: topSource: foxnewsDec 13th, 2017

WTI/RBOB Extend Losses On Biggest Gasoline Build In 11 Months, Record Crude Production

Following last night's API-reported huge product inventory builds, bulls were hoping DOE would rescue WTI/RBOB pr.....»»

Category: blogSource: zerohedgeDec 6th, 2017

WTI/RBOB Drop After Surprise Gasoline Build

WTI held above $57 heading into the API print on the heels of Saudi chaos but both WTI/RBOB kneejerked lower after API reported a lower than expected crude draw and a surpri.....»»

Category: blogSource: zerohedgeNov 7th, 2017

WTI/RBOB Drop After Smaller-Than-Expected Gasoline Draw, Big Crude Production Rebound

API data (smaller than expected build) and a weaker dollar have supported WTI overnight but as the DOE data hits, we are reminded that the impact from .....»»

Category: blogSource: zerohedgeSep 20th, 2017

First Glimpse Of Harvey Impact Shows Biggest Crude Build In 5 Months, Smaller Gasoline Draw Than Expected

Amid all the chaos of Harvey's outages and Irma's expectations, tonight's API inventory seems relatively irrelevant but we are sure the machines will be all over.....»»

Category: blogSource: zerohedgeSep 6th, 2017

RBOB Stable at 2-Year Highs After Big Crude Draw, Surprise Gasoline Build

RBOB gasoline closes at a 2-year high (and WTI tested down to a $45 handle) as all attention is focused on the duration and impact of the storm (and how long refineries will be closed). Tonight's API d.....»»

Category: blogSource: zerohedgeAug 29th, 2017

WTI/RBOB Slide After Oil Production Surge Offsets Biggest Crude Draw Since Sept

Following last night's mixed mesage from API (crude draw, gasoline build), WTI prices have gone nowhere as all eyes focus on DOE data this morning. Co.....»»

Category: blogSource: zerohedgeAug 16th, 2017

API Estimates Show 9.16 Million Barrels Crude Draw, Unexpected Gasoline Build

API Estimates Show 9.16 Million Barrels Crude Draw, Unexpected Gasoline Build.....»»

Category: topSource: seekingalphaAug 16th, 2017

WTI Algos Confused On Crude Draw And Surprise Gasoline Inventory Build

WTI had coiled up today, closing lower, ahead of tonight's API data. After last week's API build and small DOE draw, hope was high that t.....»»

Category: blogSource: zerohedgeAug 8th, 2017

WTI/RBOB Jump On Largest Crude Draw In 2017 Offset By Major Product Build, Rising Production

WTI/RBOB prices were at the lows of the day after last night's huge surprise inventory data from API, but kneejerked higher after DOE reported a surprisingly large crude draw (the biggest since Dec 2016. However, it's clear tha.....»»

Category: blogSource: zerohedgeApr 26th, 2017

Oil slumps nearly 4 percent on rising supply worries

Oil slumped to a two-week low Wednesday after U.S. data showed a smaller-than-expected drop in overall crude stocks and a surprising build in gasoline inventories, which raised worries about excessively high global supply......»»

Category: topSource: moneycentralApr 19th, 2017

Oil slumps nearly 4 percent on rising supply worries

Oil slumped to a two-week low Wednesday after U.S. data showed a smaller-than-expected drop in overall crude stocks and a surprising build in gasoline inventories, which raised worries about excessively high global supply......»»

Category: topSource: moneycentralApr 19th, 2017

WTI/RBOB Tumble After Surprise Gasoline Build, Crude Production Hits 20-Month Highs

Following API's surprise gasoline build (and small crude draw), DOE confirmed concerns with a surprise build in ga.....»»

Category: blogSource: zerohedgeApr 19th, 2017

WTI/RBOB Sink After Surprise Gasoline Build, Crude Production Hits 20-Month Highs

Following API's surprise gasoline build (and small crude draw), DOE confirmed concerns with a surprise buil.....»»

Category: blogSource: zerohedgeApr 19th, 2017