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/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

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 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

WTI/RBOB Slide After Surprise Crude, Gasoline Builds; Record Production

WTI/RBOB prices have gone nowhere since  API reported a surprise crude build, but after last week's across.....»»

Category: blogSource: zerohedgeApr 25th, 2018

WTI/RBOB Slides After Big Surprise Crude Build, Record Production

WTI/RBOB prices are higher once again amid escalating tensions over Syria, despit.....»»

Category: blogSource: zerohedgeApr 11th, 2018

Oil slips as Saudi and Russia quietly agree to output rise

U.S. crude oil production remained at a record-high of 11.1 million barrels per day......»»

Category: topSource: foxnewsOct 4th, 2018

WTI Surge Continues On Crude Draw, Production Drop

Having pushed above $70 after last night's API-reported crude draw, .....»»

Category: blogSource: zerohedgeSep 12th, 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

North Dakota Oil Production Slips but Set for More Records

North Dakota's daily crude output fell 1.7% in June after hitting the highest level on record in the previous month. As per North Dakota’s oil regulator, the state’s daily crude output fell 1.7% in June after hitting the h.....»»

Category: smallbizSource: nytAug 22nd, 2018

American Refiners Reap Big Profits as Production Soars

Gasoline makers are thriving on record domestic crude production and pipeline bottlenecks that have lowered their oil costs and boosted their margins.....»»

Category: smallbizSource: wsjAug 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

More Asian investors buying Texas oil and gas properties to catch record production

The deals come as drillers in the U.S. are racing to become the world’s largest producer of crude......»»

Category: topSource: bizjournalsJul 23rd, 2018

Futures Movers: Oil prices end higher after drop in gasoline stocks, despite record crude output

Oil prices end higher Wednesday, finding support from a bigger-than-expected decline in gasoline stocks, despite a surprise climb domestic crude supplies and record weekly production......»»

Category: topSource: marketwatchJul 18th, 2018

Futures Movers: Oil prices volatile as U.S. crude stockpiles rise unexpectedly and output climbs to a record

Oil prices see volatile trading Wednesday as data showed a surprise climb domestic crude stockpiles and record weekly production......»»

Category: topSource: marketwatchJul 18th, 2018

Kayrros: Record Draw In Global Crude Oil Inventories Was Reflected In Brent Time Spreads

Kayrros reported a draw in global inventories outside the US while EIA reported a draw in US commercial crude stocks......»»

Category: blogSource: valuewalkJul 16th, 2018

WTI Jumps After Biggest Crude Draw Since 2016

WTI was trading lower overnight after the bounce on API's big crude draw was eviscerated by escalating trade wars. However, when DOE reported a massive 12.63mm crude draw - the most since Sept 2016 - WTI prices spiked (afte.....»»

Category: dealsSource: nytJul 11th, 2018

WTI Extends Gains After Biggest Crude Draw Since Sept 2016

WTI/RBOB prices soared today on the heels of Iran oil sanction threats from Washington. Wit.....»»

Category: blogSource: zerohedgeJun 26th, 2018

WTI/RBOB Algos Confused As Production Stalls, Crude Draws, Product Builds

WTI bounced off $65 this morning b.....»»

Category: blogSource: zerohedgeJun 20th, 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

Futures Movers: Oil prices sink as traders fret over U.S. output growth

U.S. benchmark oil futures tap a two-week high, but fail to hold earlier gains as pressure from a jump in weekly U.S. production to a fresh record outweighs support from a hefty weekly decline in domestic crude stockpiles......»»

Category: topSource: marketwatchJun 14th, 2018