Crude Oil Price Barely Moves on Inventory Data
The U.S. crude oil inventory fell more than expected last week as did the gasoline stockpiles. But sharply colder weather over the next week is expected to reduce consumption and a North…
The U.S. crude oil inventory fell more than expected last week as did the gasoline stockpiles. But sharply colder weather over the next week is expected to reduce consumption and a North…
U.S. crude oil inventories fell by more than 6 million barrels last week while export levels of crude and refined products rose sharply.
The U.S. Energy Information Administration reported a drop of more than 5 million barrels in the nation's crude oil stockpile. U.S. crude inventories have moved into the middle of the 5-year average…
U.S. crude oil inventories dropped by 5.6 million barrels last week while gasoline inventories increased by 6.8 million barrels. Exports of both crude oil and refined products were also lower week over…
U.S. crude oil inventories fell last week while inventories of gasoline and diesel fuel rose. Exports also dipped last week. Prices did not move much as traders look ahead to tomorrow's OPEC…
The U.S. crude oil inventory fell by 1.9 million barrels last week, but crude oil exports averaged an increase of more than 460,000 barrels a day.
The U.S. crude oil inventory rose last week as did gasoline stockpiles. Crude oil production was also up and so were crude oil exports.
U.S. crude oil inventories unexpectedly rose last week but the gain was offset by large decreases in refined products stockpiles. The futures and options markets are massively long on petroleum.
U.S. crude oil stockpiles fell by more than 2 million barrels, but exports rose to nearly equal that amount every day of the week. U.S. crude prices stumbled from gain of more…
The U.S. crude oil inventory rose by nearly a million barrels last week while gasoline and distillate inventories dropped sharply.
The threat last week of another tropical storm aimed at Gulf Coast refineries and Gulf production platforms cut crude oil supplies and slowed imports, exports, and refined products production.
U.S. crude oil inventories declined last week, but gasoline inventories rose. Exports also declined from record highs.
U.S. commercial crude inventories fell by 6 million barrels last week, but the big story is another record week for U.S. crude exports.
Crude oil inventories fell last week, but gasoline inventories rose enough to mostly offset the drop. The big change came in a massive increase in crude oil exports.
The amount of crude oil in U.S. commercial inventories jumped much more than expected last week and pushed prices back down below $50 a barrel.