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US Seeks 1 Million Barrels of Oil for Strategic Petroleum Reserve

(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 …

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US Crude Stocks Climb as Refining Utilization Tumbles, EIA Says

(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 …

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US Crude Stockpiles Rise, Fuel Inventories Fall, EIA Says

(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. …

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

(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 …

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

(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 …

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Crude Inventories See Sharp Decline as Exports Rise, EIA Says

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 …

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US Crude and Distillate Inventories Rise, Gasoline Inventories Fall, EIA says

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 …

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US Crude Inventories Fall as Exports Rise, EIA Says

 *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 …

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US Crude, Gasoline Stockpiles Fall, Distillates Build, EIA Says

(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 …

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US Crude Stockpiles Fall as Exports Rise; Fuel Demand Drops, EIA Says

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 …

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