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.
U.S. crude oil inventories rose last week, but the gains were more than offset by declines in stockpiles of gasoline and distillate products like diesel and jet fuel.
U.S. stockpiles of crude oil rose more than expected in the storm-tossed week following tropical storm Harvey's devastating attack on Texas. Refined product stockpiles dropped, but no enough to move gasoline prices…
Crude oil inventories dropped last week, ahead of the major impact from tropical storm Harvey, but gasoline inventory levels are keeping pressure on crude prices. That could change when next week's report…
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.
