Advertisements



We are Sorry, This Page doesn't Exist


WTI Erases Losses After Bigger-Than-Expected Crude Draw

WTI Erases Losses After Bigger-Than-Expected Crude Draw Oil prices slipped today, despite a lower dollar, as growing concerns over the COVID variants trumped any vaccine-hyped return-to-normal hope......»»

Category: dealsSource: nytJan 26th, 2021

Oil prices cut gains in electronic trade after API report shows bigger-than-expected weekly build

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 4.7 million barrels for the week ended Dec. 13, according to sources. The API data also reportedly showed stockpile increase of 5.6 million .....»»

Category: topSource: marketwatchDec 17th, 2019

WTI Hovers Above $58 After Bigger-Than-Expected Crude Draw

WTI Hovers Above $58 After Bigger-Than-Expected Crude Draw Oil prices, led by hope-ridden trade-deal hea.....»»

Category: blogSource: zerohedgeDec 4th, 2019

Oil jumps amid optimism over US trade talks with China

Oil hit session highs after a U.S. government report showed a bigger crude stockpile draw than expected, adding to optimism over China and the U.S. resuming trade talks......»»

Category: topSource: moneycentralSep 5th, 2019

Oil jumps amid optimism over US trade talks with China

Oil hit session highs after a U.S. government report showed a bigger crude stockpile draw than expected, adding to optimism over China and the U.S. resuming trade talks......»»

Category: topSource: moneycentralSep 5th, 2019

WTI Hovers At $56 As Algos Unimpressed By Bigger-Than-Expected Crude Draw

Oil prices dumped and pumped after US SecState Pompeo.....»»

Category: blogSource: zerohedgeAug 20th, 2019

Oil gains a fifth day after U.S. stockpile drop amid rate optimism

Oil prices rose for a fifth day on Wednesday, buoyed by a bigger-than-expected drop in U.S. inventories and as investors awaited a widely expected cut in interest rates by the Federal Reserve, the first in more than 10 years......»»

Category: topSource: reutersJul 31st, 2019

WTI Fails To Extend Gains Despite Huge Crude Draw

Oil prices have extended their gains overnight after the much bigger than expected crude draw suggested by API, and helped by an uber-dovish Powell and a re-emergence of tensions with Iran (Trump threatening more sanctions imminently). “The c.....»»

Category: blogSource: zerohedgeJul 10th, 2019

WTI Spikes After Biggest Crude Inventory Draw In Almost 3 Years

Oil prices have accelerated their gains overnight to 4-week highs after API reported a bigger-than-expected crude dr.....»»

Category: blogSource: zerohedgeJun 26th, 2019

Oil Algos Confused By Bigger Than Expected Crude Build, Gasoline Draw

Oil prices tumbled today (after ripping higher yesterday along with everything else) as Trump's tariff-threats appear to be taken more seriously by market participants. “There are concerns about the broad economic environment,” said Michael Tran, .....»»

Category: blogSource: zerohedgeMay 7th, 2019

ConocoPhillips profit tops estimates on rising oil prices, cost cuts

HOUSTON (Reuters) - ConocoPhillips , the world's largest independent oil and gas exploration and production company, posted a bigger-than-expected first-quarter profit on Thursday, helped by rising crude prices and cost cuts......»»

Category: topSource: reutersApr 26th, 2018

U.S. import prices rise less than expected in April

WASHINGTON (Reuters) - U.S. import prices rose less than expected in April as a rebound in the cost of petroleum products was tempered by a drop in food prices, the latest indication that inflation pressures were increasing moderately......»»

Category: topSource: reutersMay 11th, 2018

U.S. import prices, surveys point to moderate inflation

WASHINGTON (Reuters) - U.S. import prices rose less than expected in April as a rebound in the cost of petroleum products was tempered by a drop in food prices, the latest indication that inflation pressures were increasing moderately......»»

Category: topSource: reutersMay 11th, 2018

The UK economy grew 2.1% in March, beating expectations as the vaccine-driven recovery picked up speed

March's growth was considerably stronger than expected, and sets the stage for a rapid rebound for the UK economy in 2021. The UK economy is gradually reopening from coronavirus lockdowns. Phil Noble/Reuters The UK economy grew 2.1% in Ma.....»»

Category: topSource: businessinsiderMay 12th, 2021

Futures Movers: Oil prices fall as U.S. data show hefty rise in gasoline supplies

Oil prices head lower on Wednesday, with gasoline futures leading the losses in the sector as traders parsed U.S. government data showing a more-than-3-million-barrel decline in crude inventories, and a bigger-than-expected climb in gasoline inventories......»»

Category: topSource: marketwatchApr 7th, 2021

Oil prices rise on stronger economic outlook, US stockpile draw

Prices were buoyed as data on Tuesday showed U.S. job openings rose to a two-year high in February while hiring picked up.....»»

Category: topSource: foxnewsApr 7th, 2021

WTI Holds Big Gains Despite Bigger-Than-Expected Crude Build

WTI Holds Big Gains Despite Bigger-Than-Expected Crude Build Oil prices rallied (despite equity weakness) to their highest since early April today with WTI tagging a $26 handle after the Energy Information Administrati.....»»

Category: blogSource: zerohedgeMay 12th, 2020

WTI Extends Huge Gains Despite Bigger-Than-Expected Crude Build

WTI Extends Huge Gains Despite Bigger-Than-Expected Crude Build More optimism on re-opening demand and following a Genscape report on Cushing stocks, oil prices have exploded higher in recent days, especially th.....»»

Category: blogSource: zerohedgeMay 5th, 2020

Asia shares hit seven-week high, oil rallies as economies slowly re-open

Asian shares climbed to a near two-month peak on Wednesday as investors took heart from easing coronavirus lockdowns in some parts of the world, better-than-expected corporate earnings and a welcome rebound in oil prices......»»

Category: topSource: reutersApr 29th, 2020

Oil spikes 9% as market rebound puts negative prices in rear view

Reuters West Texas Intermediate crude oil tore higher for a second straight sessi.....»»

Category: topSource: businessinsiderApr 24th, 2020