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RBOB Sinks After Surprise Build, WTI Bounces On Biggest Production Drop In 2 Years

WTI/RBOB have extended their post-API (crude build) losses overnight (not helped by IEA .....»»

Category: blogSource: zerohedgeOct 12th, 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

WTI/RBOB Sink After Surprise Gasoline Build, Crude Production Rise

Amid record crude exp.....»»

Category: blogSource: zerohedgeSep 27th, 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

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

Tesla Model 3 rollout eclipsed by stock tumult

Tesla shares are in the midst of their biggest weekly drop in nearly 1-1/2 years, overshadowing the excitement surrounding the first Model 3 to roll off the production line......»»

Category: videoSource: reutersJul 7th, 2017

WTI/RBOB Jump After Major Inventory Draw Despite Biggest Production Surge In 6 Months

Oil bounced notably overnight after a surprisingly large crude build reported by API, but there was some selling in QTI/RBOB into today's DOE data, but that ended quickly .....»»

Category: blogSource: zerohedgeJul 6th, 2017

Commodities Corner: Global oil output in 2016 logged slowest growth in 7 years

Global crude-oil production in 2016 saw its slowest percentage growth in seven years, as non-OPEC production marked its biggest drop in nearly 25 years, according to an annual report on the world energy market from BP released Tuesday......»»

Category: topSource: marketwatchJun 13th, 2017

WTI/RBOB Tumble After Biggest Increase In Total Inventories Since April 2015

WTI/RBOB extended their losses after API's surprise gasoline build h.....»»

Category: blogSource: zerohedgeJun 7th, 2017

WTI/RBOB Pop After 6th Weekly Crude Inventory Draw In A Row, Production Slows

After last night's surprise API-reported crude build, oil prices dipped and ripped on a tumbling dollar heading into this morning's DOE data and then jumped higher as DOE negated API's b.....»»

Category: blogSource: zerohedgeMay 17th, 2017

U.S. factory output surges in April; homebuilding stumbles

WASHINGTON (Reuters) - U.S. manufacturing production recorded its biggest increase in more than three years in April, bolstering the view that economic growth picked up early in the second quarter despite a surprise decline in homebuilding......»»

Category: topSource: reutersMay 16th, 2017

Crude, Gasolline Tumble After Surprise Inventory Build, Production Rise, Gasoline Demand Drop

Following API's surprisingly large drawdo.....»»

Category: blogSource: zerohedgeMay 3rd, 2017

Oil prices set for biggest weekly drop in a month

SINGAPORE (Reuters) - Oil traded steady on Friday, though it was set for its biggest weekly drop in about a month over doubts that an OPEC-led production cut will restore balance to a market that has been dogged by oversupply for more than two years......»»

Category: topSource: reutersApr 21st, 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

Goldman"s stock suffering biggest post-earnings drop in over six years

It's not surprise that Goldman Sachs Group Inc.'s stock is declining in the wake of first-quarter results reported before the open, but how much it's falling may shock for investors. The banker's stock slumped 4.2% in morning trade to $216.78 aft.....»»

Category: topSource: marketwatchApr 18th, 2017

It’s the Politics, Stupid: S&P Slides, Dow Dips as Washington Noise Sinks Stocks

The S&P 500 is threatening to record its biggest drop of the years as investors fret that the shenanigans in Washington D.C. could prevent tax cuts from being passed and undermine the market rally. The .....»»

Category: blogSource: barronsMar 6th, 2017

WTI/RBOB Tumble As US Crude Inventories Hit New Record High, Production Surges

After API's surprise gasoline build (sending RBOB prices lower), DOE reported a draw (though smaller than expected) but crude saw the 8th weekly build in a r.....»»

Category: blogSource: zerohedgeMar 1st, 2017

WTI/RBOB Slide After Crude Inventory Hits Record High, Production Tops 9 Million Barrels

After API's surprise draw across all major categories, DOE reported the 7th weekly crude build in a row (even as crude imports plunged). Gasoline, Distillates, and Cushing all saw draws.....»»

Category: blogSource: zerohedgeFeb 23rd, 2017

Europe weighs up Trump, German factory slump

Weaker output in manufacturing and construction drove the biggest monthly drop in German industrial production in nearly eight years in D.....»»

Category: videoSource: reutersFeb 7th, 2017

WTI Crude Spikes After Major Crude Inventory Draw Trumps Production Increase

Oil held gains overnight following API's surprise crude inventory draw, DOE data surprised even more with a massive 5.247mm draw (2.1mm build exp). Cushing saw the biggest draw in 6 months but we note that Gasoline inventories rose 2.469mm barrels - t.....»»

Category: blogSource: zerohedgeOct 19th, 2016