WTI Rebounds After Bigger Than Expected Crude Draw

WTI Rebounds On Bigger Than Expected Crude Draw Oil has retraced s.....»»

WTI rallied up to tag $68 (Sep) stops intraday, as a U.S. plan to sell strategic oil reserves highlighted concerns about tightening global supplies, ahead of tonight's API report. After fadi.....»»

WTI Erases Losses After Bigger-Than-Expected Crude Draw Oil prices slipped today, despite a lower dollar, as growing concerns over the COVID variants trumped any vaccine-hyped return-to-normal hope......»»

WTI Hovers Above $58 After Bigger-Than-Expected Crude Draw Oil prices, led by hope-ridden trade-deal hea.....»»

Oil hit session highs after a U.S. government report showed a bigger crude stockpile draw than expected, adding to optimism over China and the U.S. resuming trade talks......»»

Oil hit session highs after a U.S. government report showed a bigger crude stockpile draw than expected, adding to optimism over China and the U.S. resuming trade talks......»»

Oil prices dumped and pumped after US SecState Pompeo.....»»

Oil rallied notably today as traders anticipated a growth jolt fr.....»»

Oil prices have extended their gains overnight after the much bigger than expected crude draw suggested by API, and helped by an uber-dovish Powell and a re-emergence of tensions with Iran (Trump threatening more sanctions imminently). “The c.....»»

Oil suffered its worst reaction to an OPEC meeting since 2014 today, plunging almost 5% prompting OPEC Secretary-General Mohammad Barkindo to tell reporters in V.....»»

Oil prices have accelerated their gains overnight to 4-week highs after API reported a bigger-than-expected crude dr.....»»

WTI is modestly lower overnight, back below $54, after a '.....»»

WTI bounced hard after testing $57 today as a pipeline that drains crude from th.....»»

Oil prices tumbled today (after ripping higher yesterday along with everything else) as Trump's tariff-threats appear to be taken more seriously by market participants. “There are concerns about the broad economic environment,” said Michael Tran, .....»»

After last week's surprise crude build, expectations were for a draw once again and API delivered with a bigger than ex.....»»

WTI has soared since last night's API-reported surprisingly-large crude draw (Oct above $67), but is falling back after DOE reported bigger than expected inventory builds at Cushing and in Gasoline and Distillat.....»»

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......»»

WTI extended losses this morning after a brief bounce on API's unexpected crude draw, pushing down to one-month lows below a $70 handle after DOE reported an .....»»

WTI rallied once again today but was unable (again) to break above $50 helped reflexively by stocks resurgence. “Saudi Arabia will continue to be the decisive factor for the markets thi.....»»

WTI has extended gains, pushing back above $54, following last night's surprise crude draw reported by API and Saudi Arabia pledged to deepen production cuts. The world’s biggest crude exporter will continue to.....»»