Energy Storage

(Reuters) – U.S. crude stocks rose while gasoline and distillate inventories fell last week on stronger demand, the Energy Information Administration said on Thursday. Crude inventories rose by 6.4 million barrels to 427.6 million barrels in the week ended November 7, the EIA said, compared with analysts’ expectations in a Reuters poll for a 1.96-million-barrel …

US Crude Stocks Rise, Fuel Inventories Fall on Higher Demand, EIA Says Read More »

(Reuters) – The U.S. Department of Energy said on Tuesday it is looking to buy 1 million barrels of crude oil for delivery to the Strategic Petroleum Reserve, as it seeks to take advantage of relatively low oil prices to help replenish the stockpile. The previous administration of former President Joe Biden sold record amounts …

US Seeks 1 Million Barrels of Oil for Strategic Petroleum Reserve Read More »

(Reuters) – U.S. crude stocks rose more than expected last week as refining utilization dropped sharply to its lowest in eight months, data from the Energy Information Administration showed on Thursday. Crude inventories increased by 3.5 million barrels to 423.8 million barrels in the week ended October 10, the EIA said, compared with analysts’ expectations …

US Crude Stocks Climb as Refining Utilization Tumbles, EIA Says Read More »

(Reuters) – U.S. crude oil stockpiles rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 3.7 million barrels to 420.3 million barrels in the week ended October 3, the EIA said, compared with analysts’ expectations in a Reuters poll for a 1.9 million-barrel rise. …

US Crude Stockpiles Rise, Fuel Inventories Fall, EIA Says Read More »

(Reuters) – U.S. crude and distillate inventories rose while gasoline stocks fell last week, the Energy Information Administration said on Thursday. Crude inventories rose by 2.4 million barrels to 420.7 million barrels in the week ended August 29, the EIA said, compared with analysts’ expectations in a Reuters poll for a 2 million-barrel draw. Crude …

U.S. Crude, Distillate Stocks Rose; Gasoline Inventories Fell Last Week, EIA Says Read More »

(Reuters) – U.S. crude stocks, gasoline, and distillate inventories fell last week as demand rose, the Energy Information Administration said on Wednesday. Crude inventories fell by 2.4 million barrels to 418.3 million barrels in the week ended August 22, the EIA said, compared with analysts’ expectations in a Reuters poll for a 1.9-million-barrel draw. Crude …

US Crude Stocks, Fuel Inventories Fall as Demand Rises, EIA Says Read More »

U.S. crude and distillate inventories rose while gasoline stockpiles fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 3 million barrels to 426.7 million barrels in the week ended August 8, the EIA said, compared with analysts’ expectations in a Reuters poll for a 275,000-barrel draw. Crude stocks at the …

US Crude and Distillate Inventories Rise, Gasoline Inventories Fall, EIA says Read More »