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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

Oil Algos Confused After Huge Crude Build, Record Production, & OPEC Demand Cut

Oil Algos Confused After Huge Crude Build, Record Production, & OPEC Demand Cut Having briefly d.....»»

Category: blogSource: zerohedgeFeb 12th, 2020

Oil market shrugs off Libya crisis amid ample global supply

Oil prices fell on Tuesday on expectations that a well-supplied global market, including supplies from growing record U.S. production, would be able to absorb disruptions that have cut Libya's crude production to a trickle......»»

Category: topSource: reutersJan 21st, 2020

Feel good factor keeps world stocks near record highs, oil jumps

World stocks held near record highs on Monday as generally better data and earnings bolstered sentiment, while oil prices hit their highest in over a week after two large crude production bases in Libya began shutting down following a blockade......»»

Category: topSource: reutersJan 20th, 2020

China 2019 crude steel output jumps 8.3%, sets second straight annual record

Crude steel production in China climbed to a record just shy of 1 billion tonnes in 2019, boosted by a resilient property market and robust demand as Beijing beefed up infrastructure spending in a bid to weather a slowdown in economic growth......»»

Category: topSource: reutersJan 17th, 2020

Oil falls on U.S. gasoline, distillate stock builds, record crude output

Oil prices on Wednesday fell about 1% to their lowest in over a month, after a U.S. report showed big increases in gasoline and distillates inventories and as crude production rose to a new record......»»

Category: topSource: reutersJan 15th, 2020

WTI Holds Overnight Gains After Huge Crude Draw, Record Exports

WTI Holds Overnight Gains A.....»»

Category: blogSource: zerohedgeJan 3rd, 2020

Oil falls for a second day amid rising U.S. inventories, output

Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose against expectations as production hit a record......»»

Category: topSource: reutersNov 28th, 2019

Oil drops after U.S. inventory build, new output record

Oil prices fell on Thursday, extending losses from the previous session after official data showed U.S. crude and gasoline stocks rose against expectations as production hit a record......»»

Category: topSource: reutersNov 28th, 2019

Oil drops as U.S. inventory build, record output rekindles supply worries

Oil prices fell on Thursday, extending losses from the previous session after official data showed U.S. crude and gasoline stocks rose against expectations and production hit a record......»»

Category: topSource: reutersNov 27th, 2019

Oil slips after U.S. crude build and record production

Oil eased on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week, while gasoline stocks surged and production hit another record......»»

Category: topSource: reutersNov 27th, 2019

Oil edges lower on U.S. crude stockpiles, record production

Oi.....»»

Category: topSource: reutersNov 14th, 2019

WTI Slides After Surprise Crude Build, New Record Production

WTI Slides After Surprise Crude Buil.....»»

Category: blogSource: zerohedgeNov 14th, 2019

WTI Rallies Despite Big Crude Build, Record Production

WTI Rallies De.....»»

Category: blogSource: zerohedgeOct 17th, 2019

WTI Holds Overnight Gains After Record Crude Production, Big Product Draws

WTI Holds Overnight Gains After Record Crude Production, Big Product Draws Oil prices extending gains from API's reported big product dr.....»»

Category: blogSource: zerohedgeOct 9th, 2019

Futures Movers: Oil climbs as doubts emerge over Saudi Arabia’s ability to bounce back from attacks

Oil futures climb Thursday, finding support after a report Saudi Arabia contacted foreign producers for crude as it attempts to fill holes in its supply chain following last weekend’s attacks on the country’s production facilities......»»

Category: topSource: marketwatchSep 19th, 2019

Frontera Announces Strong Second Quarter 2019 Results

Higher Earnings, Cash Provided by Operating Activities and Record Operating EBITDA Production Growth, Higher Realized Oil Prices, Narrow Crude Differentials, and Cost Savings Ini.....»»

Category: earningsSource: benzingaAug 1st, 2019

Frontera Announces Strong Second Quarter 2019 Results

Higher Earnings, Cash Provided by Operating Activities and Record Operating EBITDA Production Growth, Higher Realized Oil Prices, Narrow Crude Differentials, and Cost Savings Initiatives Drive Imp.....»»

Category: earningsSource: benzingaAug 1st, 2019

WTI Extends Gains On Big Crude Draw, Production Slump

Oil prices held on to gains overnight after the huge API-reported crude draw (but large ghasoline build) and more confidence in a possible US-China trade deal. A confirmation of the API report in official government figures scheduled to be released.....»»

Category: blogSource: zerohedgeJul 24th, 2019

North Dakota Oil Production Holds Stable Near Record Mark

The newest numbers showed that daily crude output remained above one million barr.....»»

Category: smallbizSource: nytJul 18th, 2019

Oil Algos Confused After Massive Product Inventory Build, Crude Draw, Production Drop

Oil prices reversed some of the losses fr.....»»

Category: blogSource: zerohedgeJul 17th, 2019