West Texas Intermediate oil pared gains in North American trade on Wednesday, after data showed that while oil supplies in the U.S. registered a much larger than expected draw, gasoline stockpiles une[...]
EIA: U.S. Crude Oil Stockpiles Rise Unexpectedly in Week
U.S. crude stocks rose unexpectedly last week, while gasoline stocks decreased and distillate inventories grew, the Energy Information Administration said on Wednesday. Crude inventories rose b[...]
Weekly Crude Inventory Data Shows Decline of 1.35M Barrels
U.S. crude oil refinery inputs averaged 17.6 million barrels per day during the week ending August 3, 2018, which was 118,000 barrels per day more than the previous week’s average. Refineries o[...]
EIA: Oil Prices Slip as U.S. Crude Supplies Unexpectedly Climb
Oil prices continued to trade lower Wednesday after the Energy Information Administration reported that domestic crude supplies rose by 3.8 million barrels for the week ended July 27. [...]
Trump, E.U. Announce Deal to Avert Escalation of Trade Tensions
Several of President Trump’s senior economic advisers believe he plans to push forward with 25 percent tariffs on close to $200 billion in foreign-made automobiles later this year, three people briefe[...]
EIA: Commercial Crude Oil Inventories Increased by 5.8 Million Barrels
Below are the key takeaways from the weekly report published by the U.S. Energy Information Administration. U.S. crude oil refinery inputs averaged 17.2 million barrels per day during the week ending[...]
U.S. Oil Prices Pare Losses after EIA Reports a Weekly Plunge in U.S. Crude Supplies
U.S. oil prices pared much of their earlier losses Wednesday after the Energy Information Administration reported that domestic crude supplies plunged by 12.6 million barrels for the week en[...]
EIA: Commercial crude oil inventories increased by 1.2 million barrels from previous week
Below are the key takeaways from the weekly report published by the U.S. Energy Information Administration. U.S. crude oil refinery inputs averaged 17.7 million barrels per day during the week ending[...]
EIA Crude Oil Inventory Report for the Week Ending June 22, 2018
U.S. crude oil refinery inputs averaged 17.8 million barrels per day during the week ending June 22, 2018, which was 115,000 barrels per day more than the previous week’s average. Refineries operated [...]
Oil Prices Climb Higher as Weekly Fall in U.S. Crude Supplies
The U.S. Energy Information Administration reported Wednesday that crude supplies dropped by 5.9 million barrels for the week ended June 15. Analysts surveyed by S&P Global Platts[...]