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WTI Drops Back Below $68 After Big Gasoline Build, Small Crude Draw

WTI has tumbled this morning (back below $68) as Bloomberg Intelligence Senior Energy Analyst Vince Piazzanotes that optimism for crude oil has sof.....»»

Category: blogSource: zerohedgeAug 8th, 2018

WTI Slumps To 2-Week Lows After Biggest Crude Build In 20 Months

After holding around $75 yesterday amid storm news as Hurricane Michael shut more offshore oil platforms and the International Energy Agency warned that the global market is entering a “red zone," today saw risk-o.....»»

Category: blogSource: zerohedgeOct 10th, 2018

WTI Drops After Surprise Crude, Gasoline Build

WTI extended gains today after OPEC signaled it may not replace Iranian oil that’s disappearing from global markets as U.S. sanctions loom, but slumped off .....»»

Category: blogSource: zerohedgeSep 25th, 2018

WTI Spikes Above $70 After Huge Crude Draw

Amid east coast disruptions and Iran-related headlines, WTI spiked above $69 ahead .....»»

Category: blogSource: zerohedgeSep 11th, 2018

WTI Spikes On Surprise Crude Draw As Gasoline Demand Hits Record High

WTI rallied overnight, in the face of dollar gains, as Iran supply fears reignited, dominating API inventory builds across the board, and spiked notably after DOE reported a bigger-than-expected 2.566mm crude draw......»»

Category: blogSource: zerohedgeAug 29th, 2018

WTI Dips"n"Rips As Algos Panic Over Inventory Report

WTI has soared since last night's API-reported surprisingly-large crude draw (Oct above $67), but is falling back after DOE reported bigger than expected inventory builds at Cushing and in Gasoline and Distillat.....»»

Category: blogSource: zerohedgeAug 22nd, 2018

WTI Tumbles To 2-Mo Lows After Huge Surprise Crude Build

While last night's API-reported crude build may have been a sign, DOE just reported a crude build .....»»

Category: blogSource: zerohedgeAug 15th, 2018

Crude Oil Price Slumps on Small Decrease in Stockpiles

The U.S. commercial stockpile of crude oil fell less than expected last week while gasoline and diesel fuel inventories increased. Overall, U.S. petroleum stockpiles are higher than in the previous........»»

Category: blogSource: 247wallstAug 8th, 2018

WTI Dips As Big Product Build Offsets Crude Inventory Draw

WTI gave back overnight (Iran sanctions) gains coming in to the API print unchanged,.....»»

Category: blogSource: zerohedgeAug 7th, 2018

WTI/RBOB Extend Gains After Bigger Than Expected Crude Draw

After last week's surprise crude build, expectations were for a draw once again and API delivered with a bigger than ex.....»»

Category: blogSource: zerohedgeJul 24th, 2018

Crude Oil Price Dips Again on Unexpected Inventory Build

The U.S. crude oil inventory added nearly 6 million barrels last week compared with consensus estimates for a decline of more than 3 million barrels. Gasoline inventories fell more than expected,........»»

Category: blogSource: 247wallstJul 18th, 2018

WTI/RBOB Slammed On Surprise Crude Build

API reported a significant crude draw yesterday and after last week's record US exports and biggest crude draw .....»»

Category: blogSource: zerohedgeJul 5th, 2018

Crude Oil Price Pops on Huge Inventory Draw

U.S. crude oil stockpiles fell by nearly 10 million barrels last week, significantly more than analysts' projected, and the price of crude jumped to more than $72 a barrel......»»

Category: blogSource: 247wallstJun 27th, 2018

WTI Spikes Above $72 After Biggest Crude Draw Since Sept 2016

WTI continues to soar this morning, near $72, after API reported a huge crude draw, and DOE confirmed it with a 9.891mm draw - the biggest since Sept 2016. WTI spiked above $72, helped by the second week in a.....»»

Category: blogSource: zerohedgeJun 27th, 2018

RBOB Slides After Surprise Build, WTI Flat On Crude Draw

With WTI unable to rally beyond $65 today due to trade war concerns (and with OPEC .....»»

Category: blogSource: zerohedgeJun 19th, 2018

WTI/RBOB Soar After Huge Surprise Crude Draw (Despite Production Surge)

Despite Russia production-cut roll-back headlines, WTI/RBOB prices are u.....»»

Category: blogSource: zerohedgeJun 13th, 2018

WTI/RBOB Tumble After Biggest US Inventory Build Since 2008

WTI/RBOB are trading lower - near two-month lows - after API reported  a big gasoline build overnight (but crude dra.....»»

Category: blogSource: zerohedgeJun 6th, 2018

WTI/RBOB Drop After Huge Gasoline Build

Last week saw API and EIA disagree b.....»»

Category: blogSource: zerohedgeJun 5th, 2018

WTI/RBOB Bounce After Crude Draw Despite New Record Production

WTI/RBOB prices traded lower since last night's API-reported surprise crude draw but a 1.404mm draw (and bid gasoline draw) reported by DOE .....»»

Category: blogSource: zerohedgeMay 16th, 2018

WTI Tops $71 After Surprise Crude Draw, Production Spikes

WTI/RBOB extended gains overnight (WTI at 3.5yr highs) following Trump's Iran decision and a surprise crude draw reported by API, and DOE data confirmed the draw (even larger) along with gasoline and distillate draws. US crude production jumped t.....»»

Category: blogSource: zerohedgeMay 9th, 2018