Crude Oil Price Bounce Threatens Near-Term Down Trend
Crude oil prices are edging higher after hitting a ten-month low late last week. The recovery followed weekly DOE inventory data showing raw-material stockpiles fell more than expected while and gasoline stocks were unexpectedly drawn down in the week ...
Oil Gains on Hopes for Falling Stocks
Oil steadies after fund exit triggers fifth weekly decline
What US Crude Oil Inventories Mean for Oil
August West Texas Intermediate crude oil (VDE) (RYE) (SCO) futures contracts fell 0.1% to $42.5 per barrel in electronic trade at 1:50 AM EST on June 22, 2017. Prices have fallen~19% in the past year. They have fallen ~17.5% since OPEC's meeting. Moves ...
Crude Oil Prices Weekly Forecast June 26-30
Bear market in crude oil
Crude Oil Collapses into Bear Market Territory
Data Download: Primary Oil Inventories Resume Downward March
Heading into the 5/26 weekly inventory report, US inventories of primary oil stocks (crude+gasoline+distillate+jet fuel) had been declining at a slow but steady pace of around 4 million bbls a week. My hypothesis has been that this trend would continue ...
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Crude Oil Price Gets Momentary Boost Following EIA Inventory Report
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The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.5 million barrels last week, maintaining a total U.S. commercial crude inventory of 509.1 ...
Oil Prices Get Tiny Reprieve As API Reports Modest Crude Draw
API data show a weekly decline in US crude supply, sources say
Crude Oil: A Low-Risk Trade To $50 Is In The Cards
Oil adds to gains as EIA reports second-straight weekly fall in US crude supplies
Oil prices added to earlier gains Wednesday after data from the U.S. Energy Information Administration showed that domestic crude supplies fell by 2.5 million barrels for the week ended June 16. Analysts surveyed by S&P Global Platts expected a decline ...
US Crude Oil Inventories and Oversupply Concerns
The API (American Petroleum Institute) released its weekly crude oil inventory report on June 20, 2017. It estimated that US crude oil inventories fell by 2.7 MMbbls (million barrels) on June 9–16, 2017. Crude oil (USO) (IEZ) (USL) prices fell despite ...
Crude Oil Price Analysis for June 22, 2017
Bear Market Grips Crude Stocks as US Production Grows
EIA Tracks Over 200 Percent Growth In Crude Oil Exports Since 2010
What Matters Most For Stocks Today - 6-21-17
The weekly Petroleum Status Report, due at 10:30 AM EDT, will very likely carry sway for the broader market (NYSE: VTI). Last week's data showed a better than expected draw from crude oil inventories, but investors were still dismayed by a build in ...
Oil drops to 7-month low, roiled by bearish US inventory report
The EIA's reported decline in crude supplies was “a welcomed sight after [Tuesday's] API report, but today's report on the whole was still quite bearish,” said Troy Vincent, oil analyst at ClipperData. “The small draw to crude stocks was more than ...
Oil Prices Plunge After API Reports Surprise Build In Crude Inventories
US crude stockpiles dip, gasoline builds unexpectedly: EIA
Crude Oil Inventory Spread Is Rising: The Impact on Oil Prices
Oil Slips as Industry Said to Report Surprise US Supply Build
Oil erased gains after an industry report was said to show U.S. crude stockpiles unexpectedly increased last week. Inventories rose by 2.75 million barrels in the American Petroleum Institute report released Tuesday, people familiar with the data said.
Cushing Crude Oil Inventories Fell Again
Oil settles higher as market looks ahead to fresh data for guidance
Crude Oil Price Bounce Fizzles, US Inventory Data Now in Focus
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Crude Oil Prices Jumps to $49 Following Inventory Report
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The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning. U.S. commercial crude inventories decreased by 6.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 509.9 ...
Are OECD and US Crude Oil Inventories Seeing a Change in Momentum?
Oil Prices Rise As EIA Confirms Strong Draw To Crude Inventories
Oil Prices Rebound As EIA Reports Big Crude Draw