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Oil Algos Confused By Crude Draw, Major Product Build, Weak Demand

Oil Algos Confused By Crude Draw, Major Product .....»»

Category: worldSource: nytJan 13th, 2021

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

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 Algos Confused After Iraq Rocket Strike, Crude Draw, & Product Builds

Oil Algos Confused After Iraq Rocket Strike, Crude Draw, & Product Builds Oil prices suffered their first loss of the year today as war premia.....»»

Category: blogSource: zerohedgeJan 7th, 2020

DOE Confirms Major Crude Draw, Oil Algos Confused As Production Hits Record High

Oil prices have extended yesterday's gains, following last night's surprisingly huge crude draw (reported by API) and OPEC+ saying they expect a “significant” decrease in.....»»

Category: blogSource: zerohedgeAug 28th, 2019

Oil Algos Confused By Bigger Than Expected Crude Build, Gasoline Draw

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, .....»»

Category: blogSource: zerohedgeMay 7th, 2019

Oil Algos Confused By Big Crude Build, Gasoline Draw

WTI is hovering unchanged from last night's surprise crude and gasoline builds rep.....»»

Category: blogSource: zerohedgeApr 24th, 2019

Oil Algos Confused As Huge Gasoline Draw Trumps Crude Build

WTI dipped today after The IMF lowered their global growth forecast and Putin said Russia .....»»

Category: blogSource: zerohedgeApr 9th, 2019

WTI Dips After Huge Gasoline Build, Surge In US Production

WTI has dropped, popped, dumped, and jumped since last night's surprisingly small crude draw and major product builds from API, but re.....»»

Category: blogSource: zerohedgeJan 16th, 2019

WTI Surges Above $61 On Crude Draw, Demand Rebounds From 3-Year Lows

WTI Surges Above $61 On Crude Draw, Demand Rebounds From 3-Year Lows Oil prices remain lower following last night's surprise crude inventory build reported by API but analysts continue to expect .....»»

Category: blogSource: zerohedgeDec 18th, 2019

Oil prices fall on large U.S. crude build, euro zone data

Oil prices slipped on Wednesday after a much larger build in U.S. crude inventories than expected and weak euro zone economic figures that weighed on demand sentiment, reversing gains from the previous three sessions......»»

Category: topSource: reutersNov 6th, 2019

Oil slips on profit-taking, weak demand outlook

Oil prices dipped on Thursday after sharp gains in the previous session following a surprise draw in U.S. crude inventories, with concerns over a weak demand outlook adding to downward pressure......»»

Category: topSource: reutersOct 24th, 2019

Oil pares U.S. stock-draw gains on weak demand outlook

Oil prices dipped on Thursday on lingering concerns about a weak demand outlook, after surging more than 2% in the previous session on the back of a surprise draw in U.S. crude stocks......»»

Category: topSource: reutersOct 23rd, 2019

Oil Algos Confused Despite Bigger Than Expected Crude Build

Oil Algos Confused Despite Bigger Than Expected Crude Build WTI has extended losses overnight following API's surprise crude build and President Trump appearing to ease off the war rhetoric and Aramco's words have ea.....»»

Category: blogSource: zerohedgeSep 18th, 2019

Oil drops 3% on weak global economic data, U.S. crude stocks build

Oil prices shed 3% on Wednesday after fresh Chinese and European economic revived global demand fears and U.S. crude inventories rose unexpectedly for the second week in a row......»»

Category: topSource: reutersAug 14th, 2019

Oil tumbles 5% on weak global economic data, U.S. crude build

Oil prices sank roughly 5% on Wednesday after disappointing economic data from China and Europe revived global demand fears and U.S. crude inventories rose unexpectedly for the second week in a row......»»

Category: topSource: reutersAug 14th, 2019

Crude futures fall after strong build in U.S. oil products stocks

Oil prices fell on Thursday, extending declines into a fourth day, after official data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season......»»

Category: topSource: reutersJul 17th, 2019

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

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

Category: blogSource: zerohedgeJun 20th, 2018

WTI Dips As Big Product Build Offsets Crude Inventory Draw

WTI gave back overnight (Iran sanctions) gains coming in to the API print unchanged,.....»»

Category: blogSource: zerohedgeAug 7th, 2018

WTI Tumbles On Inventory, Demand Disappointments

WTI has traded sideways (below $69) since last night's smaller than expected crude draw from API, but algos could not figure out what to .....»»

Category: blogSource: zerohedgeSep 6th, 2018

Apple, suppliers tumble on signs of weak iPhone demand

Major suppliers to Apple Inc.’s iPhone fell Monday, as investors fretted that one of the most important product lines in the technology sector was seeing weak demand......»»

Category: topSource: moneycentralNov 12th, 2018