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 Algos Confused After Huge Crude Build, Production Spike

WTI/RBOB limped higher after dropping on API's surprise crude build overnight, but when DOE reported a massive 6.78mm crude build (breaking 10-week streak), oil prices began to drop again. RB.....»»

Category: blogSource: zerohedgeJan 31st, 2018

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

Wholesale Trade Sales Tumble In January, Biggest Drop In 2 Years As Inventories Build

After 7 straight months of growth, wholesale sales tumbled in January - the worst drop since Jan 2016. On the other side of the wholesale picture, inventories rose 0.8% MoM (more tha.....»»

Category: blogSource: zerohedgeMar 9th, 2018

Walmart's Plunge Sinks Retailers, Breaking Streak for Stocks - U.S. News & World Report

U.S. News & World ReportWalmart's Plunge Sinks Retailers, Breaking Streak for StocksU.S. News & World ReportWalmart's biggest drop in 30 years and losses in other sectors pulled U.S.....»»

Category: topSource: googlenewsFeb 20th, 2018

WTI/RBOB Spike After Smaller Than Expected Crude Build, New Record High Production

The kneejerk reaction drop in WTI/RBOB overnight on API data was rapidly unwound ahead of today's DOE data and spike fur.....»»

Category: blogSource: zerohedgeFeb 14th, 2018

Wall Street bounces back after tumultuous week

(Reuters) - Wall Street's three major indexes rebounded on Monday with broad-based gains as investors regained some confidence after U.S. equities' biggest weekly drop in two years, but strategists stopped short of calling an end to the market pullback......»»

Category: topSource: reutersFeb 12th, 2018

WTI/RBOB Drop After Surprise Crude Build

WTI/RBOB prices sank for the second day ahead of tonight's API as anxiety over a ".....»»

Category: blogSource: zerohedgeJan 30th, 2018

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 Slide On Surprise Build As US Crude Production Hits New Record High

WTI/RBOB Slide On Surprise Build As US Crude Production Hits New Record High.....»»

Category: blogSource: zerohedgeNov 15th, 2017

"Take That OPEC" - WTI Slides As US Crude Production Jumps To Record High

WTI/RBOB extended losses post-API data overnight, but DOE data sparked some algo chaos as a surprise crude build (+2.24mm vs -2.45mm exp) .....»»

Category: blogSource: zerohedgeNov 8th, 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 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