The oil market has one big problem: People aren't buying enough gas
Last week's report on U.S. crude stockpiles showed a 1 million barrel decline, but refineries ratcheted up activity, again raising the specter of higher gasoline inventories, according to Kilduff. "That will remove quickly any kind of thought that ...
French election rally; China socks plunge; Oil stabilizes
Coming this week:Monday -- French election reaction; German business climate survey Tuesday -- U.S. data on new home sales and consumer confidence Wednesday -- Steve Mnuchin speaks on tax reform; Twitter reports earnings; Crude oil inventories ...
Dow Jones News Today: Stocks Set for Big Day After French Election Results
GLOBAL MARKETS-Equity markets, euro rally in wake of French election
Crude Oil Prices Weekly Forecast April 24-28
The neckline of the pattern at $51.66 broke on Monday and measured move targets were hit on Wednesday, shortly after the EIA weekly inventories report. In most cases, at least a bounce is seen after completion of a head and shoulders pattern but oil ...
Oil suffers suffer largest one-day loss in six weeks
“A draw in crude oil inventory was ultimately washed by a surprise build in gasoline,” said John Macaluso, an analyst at Tyche Capital Advisors. “Ahead of summer ... The EIA report showed a weekly rise of 17,000 barrels a day in total U.S. crude ...
Near-Record US Crude Oil Inventories Impact Oil Prices
Oil slides more after US settlement on API inventory report
Crude Oil Falls After Smaller-Than-Expected US Inventory Drop
Transport Topics Online
Crude Oil Falls After Smaller-Than-Expected US Inventory Drop ...
Transport Topics Online
Oil slipped after an industry report was said to show a smaller-than-anticipated U.S. crude inventory decline.
Crude Oil Prices Drop Despite Inventory Draw, Trump Boosts Gold
Crude oil prices succumb to broad-based risk aversion despite inventory drawdown, gold prices surge as Donald Trump talks down the US Dollar.
US crude oil inventories register largest weekly drop this year
The EIA this week forecast that US crude oil production would rebound by 3.9 per cent this year to 9.22m b/d, and climb another 7.4 per cent to 9.9m b/d next year — an all-time high. Opec said in its own monthly report on Wednesday that it now sees US ...
EIA's Crude Oil Inventories Might Surprise Traders This Week
Oil Prices Pull Higher After API Reports Draws Across The Board
EIA Reports Crude Oil Inventories Decline 2.2 Million Barrels, Profit Taking Hits WTI Oil Price
API Says US Crude Oil Inventories Fell 1.8 Million Barrels: Reports
The American Petroleum Institute, an industry trade group, on Tuesday said U.S. crude oil inventories fell by 1.8 million barrels last week, according to news reports. The data comes ahead of a closely watched weekly inventory report from the Energy ...
EIA's Crude Oil Inventories Could Support Oil Prices This Week
Oil Prices Plunge After Crude Inventories Rise To New Highs
EIA Reports Crude Oil Inventories Increase 1.57 million Barrels, WTI Oil Price Reverses Gains
Record US Crude Oil Inventories Could Impact the Oil Market
On April 4, 2017, the API (American Petroleum Institute) will release its weekly crude oil inventory report. A market survey estimates that US crude oil inventories could have fallen by 0.5 MMbbls from March 24–31, 2017. A fall in crude oil inventories ...
Oil Traders Are Looking at the Wrong Inventory Data
UPDATE 10-Oil rises, near 1-month high; US crude stocks seen down
WTI Crude Oil Price Analysis for April 4, 2017
Record US Crude Oil Inventories versus the US Dollar
On March 28, 2017, the API (American Petroleum Institute) will release its weekly crude oil inventory report. The API's report will be followed by the EIA's (U.S. Energy Information Administration) weekly crude oil inventory report for the week ending ...
Crude Oil Prices Eye Inventory Data with Key Support Under Fire
Crude Oil Stocks Sets Record
WTI oil jumps above $49 as crude stocks rise less than forecast