WTI crude oil prices fell more than a full point after the U.S. Energy Information Administration said crude inventories fell by nearly 1 million barrels last week, far below expectations.
Crude oil bounced near $50 following the U.S. Energy Information Administration's weekly inventory report. Crude inventories fell, but refined products inventories rose even more than crude's decline.
U.S. crude oil inventories fell by a million barrels last week according to the Energy Information Administration. The drawdown is consistent with seasonal patterns as gasoline production ramps up ahead of the…
Crude oil for May delivery rose about 2% following the weekly inventory report from the US Energy Information Administration. Inventories fell more than expected on crude oil, gasoline, and distillates.
U.S. crude oil inventories unexpectedly rose by 1.3 million barrels last week. Also, U.S. oil and gas firms are increasing capital spending by 42% this year, according to a new report.
The U.S. crude oil inventory fell by 900,000 barrels last week, but gasoline stockpiles dropped by 3.7 million barrels, more than 50% more than analysts had expected. Crude prices rose on the…
The U.S. commercial crude oil inventory added 5 million barrels last week to an already swelling storage total. Crude prices dropped on the news, but worse news may be yet to come…
The U.S. Energy Information Administration reported a drop of around half a million barrels in the country's crude oil inventories. Prices showed little change and held on to a gain of about…
The United States added more than 8 million barrels of crude oil to commercial inventories last week, while gasoline and distillate inventories dropped by more than 9 million barrels combined.
OPEC compliance with production cuts rose to 94% in February. That and a lower-than-expected addition to U.S. inventories boosted crude prices modestly Wednesday morning.
US crude oil inventories increased by 600,000 barrels last week, while gasoline stockpiles fell by 2.6 million barrels. Crude prices rose slightly on the report.
U.S. crude oil prices dropped below $53 barrel following a jump of more than 9 million barrels in the country's inventory, the highest total since records began being kept in 1982.
US crude oil inventories grew by a massive 13.8 million barrels last week on lower refinery runs. Gasoline inventories fell, but lower refinery usage was likely the cause of this as well.
US crude oil inventories swelled by more than 6 million barrels last week, but the increase did not stop a price increase as traders see early results for OPEC-led production cuts.
U.S. commercial crude inventories increased to above the upper limit of the average range for this time of year.
