Crude Oil Prices Sag on Inventory Build Up
The U.S. crude oil inventory added 1.3 million barrels last week according to the weekly report from the Energy Information Administration.
The U.S. crude oil inventory added 1.3 million barrels last week according to the weekly report from the Energy Information Administration.
The U.S. crude oil inventory remained virtually unchanged week over week for the week ended on December 28. Crude prices have been rising on reports of fresh trade talks between the United…
The U.S. commercial crude oil inventory dropped by less than 1 million barrels last week while gasoline and diesel fuel supplies fell as well. The overall inventory drop was not enough to…
The U.S. commercial crude oil inventory dropped by more than 1 million barrels last week, a far smaller drop than reported Tuesday night by the American Petroleum Institute. The price of crude…
The U.S. crude oil stockpile dropped by more than 7 million barrels last week largely due to a big jump in crude oil exports.
The U.S. crude oil inventory posted it 10th consecutive weekly rise last week and prices, which had drifted lower Wednesday morning, first dipped lower then steadied.
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.
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.
Schlumberger has performed horribly in 2018, and the small gain after Friday's earnings announcement has been followed by even more selling pressure.
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.
24/7 Wall St. has come up with its own view on earnings season by sector, along with relative performance on the top exchange traded funds for those sectors.
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.