The U.S. commercial crude oil stockpile fell by nearly 9 million barrels last week, but lower demand for gasoline and higher export volumes continue to work against higher crude prices.
U.S. crude oil stockpiles fell by more than 6 million barrels last week, but gasoline inventories unexpectedly rose and refinery runs were significantly higher than anticipated.
U.S. commercial crude oil stockpiles dropped slightly last week, mainly the result of higher refining runs even as imports also rose a bit. Gasoline inventories also fell last week while imports rose…
U.S. crude oil stockpiles fell by more than 7 million barrels last week, putting more support under rising crude oil prices. Gasoline and distillate (diesel fuel) inventories increased.
US crude oil stockpiles fell by 4.7 million barrels last week and gasoline inventories dropped by 4.4 million barrels. This may not be altogether good news for producers.
The U.S. crude oil stockpile dwindled by more than 7 million barrels last week and gasoline inventories fell by more than a million barrels. But higher export levels and greater demand from…
U.S. crude oil and gasoline inventories dropped more than expected last week and pushed crude oil prices up by more than 2% Thursday morning.
The weekly report on U.S. crude oil and refined product inventories was better than expected for producers, lifting prices by around 20 cents a barrel shortly after the report was released.
The U.S. crude oil inventory dropped by 2.5 million barrels last week, but refinery run rates remain above 17 million barrels a day and gasoline production rose by 400,000 barrels a day…
Oil prices skidded lower after the U.S. Energy Information Administration and the International Energy Agency released inventory data that disappointed the markets.
With valuations so high, some investors are looking for new ideas and safety as they still seek positive returns. Is it possible that the energy sector, particularly oil and gas, could be…
The U.S. crude oil inventory rose by 3.3 million barrels last week, much higher than the expected decline of 3.5 million barrels. Gasoline and diesel fuel inventories rose far more than expected…
The investing population often makes very different bets around events, and they often take the opposite side regardless whether they otherwise feel happy or sad about news.
The U.S. commercial crude inventory fell by more than 6 million barrels last week, according to the U.S. Energy Information Administration. Prices rose more than 1% following the report.
The U.S. commercial inventory of crude oil fell by more than 4 million barrels last week and gasoline inventories also slipped. Pump prices have not moved much, however, as refinery production remains…
