Weekly Crude Oil Storage as of November 1, 2019 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 7.9 million barrels from the previous week. At 4[...]
U.S. Oil Futures Climb as EIA Reports a Nearly 11 Million-barrel Fall in U.S. Crude Supplies
The Energy Information Administration on Wednesday reported that U.S. crude supplies fell by 10.8 million barrels for the week ended July 19. That was more than double the 4.4 million-barrel decline e[...]
British pound hits new two-year low as Brexit pressure continues
The British pound on Wednesday traded at its lowest level in more than two years, as concerns about the prospect of a hasty exit from the European Union continued to pressure the U.K. currency. [...]
Crude Oil Inventories Down 1.1 Million Barrels
Summary of weekly petroleum data for the week ending June 28, 2019 U.S. crude oil refinery inputs averaged 17.3 million barrels per day during the week ending June 28, 2019, which was 47,000 barrels p[...]
Crude Inventory Data Shows Larger Than Expected Draw of 12.8 Million Barrels
U.S. crude oil refinery inputs averaged 17.3 million barrels per day during the week ending June 21, 2019, which was 73,000 barrels per day more than the previous week’s average. Refineries ope[...]
Weekly Crude Storage Data Shows 282 Thousand Barrel Decline
U.S. crude oil refinery inputs averaged 16.8 million barrels per day during the week ending May 24, 2019, which was 189,000 barrels per day more than the previous week’s average. Refineries [...]
Weekly Crude Inventory Falls 8.6M Barrels
Summary of Weekly Petroleum Data for the week ending February 22, 2019 U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending February 22, 2019, which was 1[...]
Crude Inventory Data Shows Larger Than Expected 3.63 Million Barrels
Summary of Weekly Petroleum Data for the week ending February 8, 2019 U.S. crude oil refinery inputs averaged 15.8 million barrels per day during the week ending February 8, 2019, whi[...]
Oil Heads Lower On Small Inventory Build
A day after the American Petroleum Institute disappointed oil bulls by reporting an estimated inventory build across the board, the Energy Information Administration deepened the mood by say[...]
EIA Reports a Third Straight Weekly Rise in U.S. Crude Supplies
The Energy Information Administration reported Thursday that domestic crude supplies climbed by 6 million barrels for the week ended Oct. 5. The data were released a day later than us[...]