Crude Oil Price Creeps Higher Despite Another Massive Inventory Build
The U.S. crude oil stockpile soared by more than 10 million barrels last week according to the latest official report. Inventories have now risen for eight consecutive weeks.
The U.S. crude oil stockpile soared by more than 10 million barrels last week according to the latest official report. Inventories have now risen for eight consecutive weeks.
The U.S. commercial crude oil inventory rose by nearly 6 million barrels last week while gasoline inventories rose by nearly 2 million barrels. Falling prices will get no boost from this report.
The U.S. Energy Information Administration reported Wednesday that U.S. stockpiles of crude oil rose last week while gasoline and diesel fuel inventories declined. Crude production rose to more than 11 million barrels…
The U.S. commercial crude oil inventory rose by 6.3 million barrels last, slightly less than the prior week's total. Refinery maintenance has lowered utilization to below 90% for the third straight week.
U.S. crude oil inventories rose by much more than expected last week and have added to the decline that was already happening in crude oil prices.
U.S. crude oil inventories rose by 6 million barrels last week, more than analysts had forecast and enough to keep downward pressure on prices.
The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories rose by 8 million barrels last week, the highest weekly rise of the year so far.
U.S. commercial crude oil inventories rose by 1.9 million barrels in the week ended last Friday. Analysts were looking from a drop of more than 1 million barrels. U.S. production increased, exports…
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.
The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories fell by more than 5 million barrels last week. Product inventories (gasoline and distillates) rose by more than…
U.S. crude oil inventories dropped by more than expected last week, but increases to gasoline and distillate inventories outweighed decline. Prices did not move much immediately following the report.
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…
U.S. commercial crude inventories dropped by 5.8 million barrels last week even though refineries are running nearly flat out. Prices pared their early gains, but still hold onto to an increase of…
The U.S. commercial crude oil inventory blew the doors off the consensus estimate for a decline with an increase of nearly 7 million barrels last week. Prices plunged following the report.
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 week even…