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Crude inventories fell sharply last week amid lower imports and a jump in exports, the U.S. Energy Information Administration said on Wednesday. Crude oil stockpiles fell by 6 million barrels to 420.7 million barrels last week, the EIA said, compared with analysts’ expectations in a Reuters poll for a 1.8 million-barrel draw. Inventories at the …
Crude Inventories See Sharp Decline as Exports Rise, 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 »
*Crude exports rise by 620,000 bpd, driving inventory draw *Gasoline stocks fall by 1.3 mlb bbls, demand above 9 mln bpd *Distillate stockpiles drop unexpectedly, down by 565,000 bbls (Updates throughout, adds market reaction) By Stephanie Kelly NEW YORK, Aug 6 – U.S. crude oil stockpiles fell last week as exports rose, while gasoline and …
US Crude Inventories Fall as Exports Rise, EIA Says Read More »
(Reuters) – U.S. crude oil and gasoline inventories fell last week, buoyed by stronger demand and exports, while distillate stockpiles rose, the U.S. Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 3.2 million barrels to 419 million barrels in the week ended July 18, the EIA said, double analysts’ expectations in a …
US Crude, Gasoline Stockpiles Fall, Distillates Build, EIA Says Read More »
By Stephanie Kelly Crude inventories drop by 3.9 mln bbls, surpassing forecast Brent and US crude futures extend losses after EIA report Crude exports rise to 3.5 mln bpd, EIA reports CHICAGO, July 16 – U.S. crude oil stockpiles fell last week as exports rose, while gasoline and distillate inventories rose, prompting some concerns about …
US Crude Stockpiles Fall as Exports Rise; Fuel Demand Drops, EIA Says Read More »
(Reuters) – U.S. crude oil and gasoline inventories rose unexpectedly last week as both exports and demand fell sharply, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 3.8 million barrels to 419 million barrels in the week ending June 27, the EIA said, compared with analysts’ expectations in a Reuters poll …
US Crude and Gasoline Inventories Rise on Lower Exports, Demand, EIA Says Read More »
(Reuters) – The Trump administration has no imminent plans for refilling the nation’s Strategic Petroleum Reserve, White House spokeswoman Karoline Leavitt said on Thursday. The emergency oil reserve is currently at its lowest levels since the 1980s after President Joe Biden tapped the stockpile to help lower prices amid market uncertainty. Reporting By Nandita Bose …
Trump Administration Has ‘No Imminent Plans’ to Refill Nation’s Emergency Oil Reserve Read More »
U.S. crude oil, gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories fell by 5.8 million barrels to 415.1 million barrels in the week ending June 20, the EIA said, exceeding analysts’ expectations in a Reuters poll for a 797,000-barrel draw. Crude stocks at the Cushing, Oklahoma, delivery …
US Crude, Gasoline and Distillate Inventories Fall Last Week- EIA Read More »
By Gavin Maguire A drone view shows California’s largest battery storage facility, as it nears completion on a 43-acre site in Menifee, California, U.S., March 28, 2024. REUTERS/Mike Blake DENVER, June 24 (Reuters) – Rapid growth in the installation of batteries is upending power systems across the United States, with battery-deployed electricity volumes scaling new …
COMMENTARY: US Power Sector Battery Storage Momentum Keeps Charging On – Maguire Read More »
By Clyde Russell LAUNCESTON, Australia, June 24 (Reuters) – Crude oil’s sharp reversal of the Israel-Iran war premium shows the power of a few words from a key player to move the market, but in doing so it also masks the greater influence of those who stay largely silent. Global benchmark Brent futures plunged after …
COMMENTARY: What Influences Crude Oil More? US Bombs or Iran’s Silent Allies – Russell Read More »
