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Oil prices hold sharp gains as weekly EIA inventory report shows 562,000-barrel fall in crude supplies
The Energy Information Administration reported Wednesday morning that U.S. crude inventories fell by 562,000 barrels for the week ended Dec. 18. That compared with the average decline of 4.7 million barrels forecast by analysts polled by S&P Glo.....»»
Oil futures post a loss even as U.S. supplies, output and stocks in storage decline
Oil futures posted a loss on Wednesday, failing to find support despite a U.S. government report that revealed weekly declines in domestic crude supplies, output and storage levels at the nation's storage hub at Cushing, Ok.....»»
Commodities Corner: Sinking oil demand, drop in prices put U.S. fracking activity on track for a record monthly decline: report
Signs of a further drop in U.S. crude-oil production are everywhere, from a slowdown in fracking activity and sharp weekly declines in the active oil-rig count, to expectations of a May decline for all seven major shale-oil output regions......»»
Oil prices hold sharp, Iranian-fueled surge after weekly EIA inventory report shows massive decline
The Energy Information Administration on Friday reported that U.S. crude supplies fell by 11.46 million barrels for the week ended Dec. 27. Analysts polled by S&P Global .....»»
U.S. oil prices mark 3rd gain in a row as data show sharp inventory drop
Crude-oil prices ended sharply higher Thursday in thin post-Christmas trading, as a weekly inventory report indicated a bigger-than-expected decline in stockpiles for oil. American Petroleum Institute reported late Tuesday t.....»»
Futures Movers: Oil prices tick higher after U.S. report shows 7.9 million drop in crude inventories
Crude-oil prices on Thursday edged slightly higher as a weekly inventory report indicated a big decline in U.S. stockpiles for oil......»»
Oil jumps over 2% after U.S. inventory data, Russia OPEC comments
Oil prices surged more than 2% on Wednesday after a better-than-expected U.S. crude inventories report and as Russia said it would continue its cooperation with OPEC to keep the global oil market balanced......»»
Oil rises 2% after U.S. inventory data, Russian assurances
Oil prices rose more than 2% on Wednesday after a better-than-expected U.S. crude inventories report and as Russia said it would continue its cooperation with OPEC to keep the global oil market balanced......»»
Futures Movers: Oil prices bounce higher ahead of EIA crude inventory report
Oil futures mounted a tepid comeback Wednesday morning, as investors watched for a key inventory report due later in the session, after marking the lowest settlement in November a day ago.....»»
Oil majors fall after EIA report shows crude inventory build
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Futures Movers: Oil futures slip as API report shows a big build in U.S. crude supplies
Oil futures edge lower Wednesday as investors digest a report that pointed to a bigger-than-expected inventory build in the U.S......»»
Futures Movers: Oil boosted by drop in crude inventories
Oil futures rally Wednesday after industry data show a large drop in crude supplies ahead of an official weekly report on inventory levels......»»
Oil edges up as recession fears ease but OPEC outlook weighs
Crude oil prices rose on Friday, recovering from two days of declines, after data showing a rise in U.S. retail sales helped to ease recession concerns, although a bearish outlook from OPEC capped gains......»»
Commodities Corner: U.S crude supplies poised to post longest stretch of weekly declines in 18 months
Analysts expect the Energy Information Administration on Wednesday to report a fall in supplies of U.S. crude, stretching their declines to a sixth consecutive week—the longest streak in 18 months......»»
ETFs to Gain From the Oil Rally on US Crude Inventory Data
We study the impact of the latest data from the American Petroleum Institute on oil ETFs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report&.....»»
Oil declines as inventory data counters hopes for trade deal
Oil prices declined on Wednesday as data suggesting a smaller-than-expected fall in U.S. crude inventories countered support from hopes for a U.S.-China trade deal......»»
Crude Oil Falls On Inventory Builds And Bearish Sentiment In Commodities
Crude Oil Falls On Inventory Builds And Bearish Sentiment In Commodities.....»»
Why $2.7M In Opko Put Buying May Not Be As Bearish As It Seems
Opko Health Inc. (NASDAQ: OPKO) shares are down 35 percent year-to-date, and the company’s first-quarter earnings report suggests management still hasn’t found a way to stop the company’s revenue declines. read more.....»»
Oil rallies as U.S. gasoline inventory draw offsets crude build
Oil futures climbed more than 1 percent on Wednesday after U.S. data showing a deep decline in gasoline stocks overrode a rise in crude inventories to 17-month highs, and as an OPEC report showed further tightening of Venezuela's crude supply......»»
WTI Drops Back Below $60 After Surprise Crude Build
WTI crude extended recent gains, hovering around $60 - setting the stage for its best quarter since 2002 - ahead of the API inventory report that was expected to show a draw after three draws in the last four weeks. “We’re back in rally mode,†.....»»