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Crude Oil Price Narrows Loss as Inventory Slides

The EIA reports that U.S. crude oil inventories fell by 1.4 million barrels last week and gasoline stockpiles fell by 3.8 million barrels. But production and exports continue rising, offsetting the........»»

Category: blogSource: 247wallstMay 16th, 2018

Crude Oil Price Slumps on Small Decrease in Stockpiles

The U.S. commercial stockpile of crude oil fell less than expected last week while gasoline and diesel fuel inventories increased. Overall, U.S. petroleum stockpiles are higher than in the previous........»»

Category: blogSource: 247wallstAug 8th, 2018

Crude Oil Price Moves Up Following Sizable Inventory Decline

U.S. commercial crude oil and gasoline stockpiles declined more than expected last week. Crude oil imports and exports also fell. Prices rose a bit on following the report from the U.S. Energy........»»

Category: blogSource: 247wallstAug 29th, 2018

API reports a weekly rise of nearly 4 million barrels in U.S. crude supplies, sources say

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 3.9 million barrels for the week ended March 26, according to sources. The data also reportedly showed gasoline stockpiles down by 6 million b.....»»

Category: topSource: marketwatchMar 30th, 2021

Futures Movers: Oil prices rebound from 21-year low; gasoline futures rally on smaller U.S. stock climb

Oil ends sharply higher on Wednesday as a rise in U.S.-Iran tensions and declines in U.S. crude output prompt a rebound from a 21-year low, and as a smaller-than-expected weekly climb in U.S. gasoline stockpiles lifts futures prices for the fuel......»»

Category: topSource: marketwatchApr 22nd, 2020

Crude Price Rises as Inventory Levels Fall for First Time in 6 Weeks

The U.S. crude oil inventory dropped last week as did stockpiles of gasoline and diesel fuel. But the decline is having only a moderate effect on the crude oil market......»»

Category: blogSource: 247wallstOct 23rd, 2019

Oil prices rise more than 2% as U.S. crude, products stockpiles fall

Oil prices rose more than 2% on Wednesday and hit their highest in about a month, buoyed by U.S. government data that showed a larger-than-expected drawdown in crude stocks as exports hit a record high, and surprise drops in refined product stockpiles......»»

Category: topSource: reutersJun 26th, 2019

Oil prices up as EIA reveals a hefty climb in U.S. crude supplies, along with a drop in gasoline stockpiles

The Energy Information Administration on Wednesday reported that U.S. crude supplies climbed by 7 million barrels for the week ended April 5. Analysts polled by S&P Global Platts expected a rise of 2.8 million barrels, following two consecutive .....»»

Category: topSource: marketwatchApr 10th, 2019

EIA forecasts a nearly 14% rise in summer retail gasoline prices

The U.S. Energy Information Administration forecast a nearly 14% year-over-year rise in summer gasoline prices on the back of expectations for higher crude oil prices, according to a report released Tuesday. The agency forecast an average retail price .....»»

Category: topSource: marketwatchApr 10th, 2018

Crude Oil Price Wobbles After Huge Addition to Stockpiles

U.S. crude oil stockpiles rose by more than 6 million barrels last week and gasoline stocks rose by more than 1 million likely due to lower export levels of both crude and refined products......»»

Category: blogSource: 247wallstMay 2nd, 2018

Oil price hits highest level since 2014 as surplus shrinks

Crude settled at the highest since 2014 as shrinking U.S. oil, gasoline and diesel stockpiles signaled tightening global supplies......»»

Category: topSource: moneycentralMay 16th, 2018

API data reportedly show a fall in U.S. crude supply, hefty rise in gasoline stockpiles

The American Petroleum Institute reported Tuesday that U.S. crude supplies fell by 2 million barrels for the week ended June 1, according to sou.....»»

Category: topSource: marketwatchJun 5th, 2018

Crude Oil Price Rises on Drop in Inventories, Ignoring Big Increases in Gas, Diesel Stocks

U.S. crude oil inventories fell more than expected but production of gasoline and distillates more than offset the drop. Exports of both crude and refined products rose sharply in the week as well......»»

Category: blogSource: 247wallstJun 20th, 2018

Crude Oil Price Steady Following Inventory Report

The U.S. stockpile of crude oil dropped by 2.1 million barrels last week and the gasoline inventory fell by 1.7 million barrels. Increased exports of both contributed to both declines......»»

Category: blogSource: 247wallstSep 19th, 2018

Futures Movers: Oil prices hold gains as U.S. crude supplies rise a 5th week, but gasoline stockpiles drop

Oil futures hold onto earlier gains on Wednesday as U.S. gasoline stockpiles post a drop that was three times bigger than expected—outweighing pressure from a fifth weekly rise in crude inventories......»»

Category: topSource: marketwatchOct 24th, 2018

Futures Movers: U.S. oil prices end up as domestic supplies rise a 5th week, but gasoline stores drop

Benchmark U.S. oil futures prices settle higher on Wednesday as domestic gasoline stockpiles post a drop that was three times bigger than expected—outweighing pressure from a fifth weekly rise in crude inventories......»»

Category: topSource: marketwatchOct 24th, 2018

Crude Oil Price Dips on Larger-than-Expected Inventory Build

The U.S. commercial crude oil inventory rose more than expected last week. Stockpiles of gasoline and diesel fuel dropped, and U.S. crude oil production remained at all-time highs......»»

Category: blogSource: 247wallstNov 21st, 2018

Futures Movers: Oil prices end higher as domestic crude supplies rise less than expected

Oil futures end higher on Wednesday after weekly U.S. government data reveal smaller-than-expected increases in domestic crude and gasoline supplies, but concerns surrounding a potential slowdown in global energy demand limit the price gains......»»

Category: topSource: marketwatchFeb 6th, 2019

Oil prices edge up as API data reportedly show a smaller-than-expected rise in U.S. crude supplies

The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by 1.3 million barrels for the week ended Feb. 15, according to sources. The API also reportedly showed that gasoline stockpiles fell by 1.6 million barrels, while dist.....»»

Category: topSource: marketwatchFeb 20th, 2019

Oil futures extend losses; EIA reports a rise in U.S. crude supplies, fall in gasoline inventories

The Energy Information Administration reported Wednesday that U.S. crude inventories rose by 1.3 mi.....»»

Category: topSource: marketwatchMay 19th, 2021