Energy Market Commentary: Strength In Crude Driving Energy Stocks
Further, Hess shares will be in focus following a media report indicating that activist investor Elliott Management is preparing to recommend changes to Hess, including potential asset divestitures, reduction or elimination of the dividend, and ...
Oil prices up on pipeline outage support
The IEA said U.S. crude output next year would increase by 870,000 barrels per day, up from its November forecast of 790,000 bpd. With cash pouring into the U.S. shale oil industry, the United States is on track to deliver up to 80 percent of the world ...
Oil stable on tighter market, but rising US output looms for 2018
North Sea pipeline operator invokes force majeure
Crude Oil Steadies Amid Sustained US Output Worries
Is The Oil Glut Set To Return?
But even there, the IEA was quick to point out reasons to be bearish, noting that the inventory drawdowns will soon end. “Going into 1Q18, our balances imply that global oil stocks will increase by 300 kb/d, assuming stable OPEC crude production of 32 ...
Will Non-OPEC Oil Supply Dominate Oil Prices in 2018?
Oil Prices Waver as Traders Weigh Output Against Major Pipeline Outage
Oil Steady After IEA Raises US Output Forecast
API Reports Huge Crude Draw
The American Petroleum Institute (API) reported a large draw of 7.382 million barrels of United States crude oil inventories for the week ending December 8, making two large draws in back to back weeks. Analysts had expected a much smaller drawdown of ...
US Crude Oil Inventories Have Fallen 8.3% in 2017
US crude stockpiles fall for fourth week on huge Cushing draw: EIA
Crude Oil Inventories Decline; Supply at 2017 Peak: IEA
Will the EIA Upgrade US Crude Oil Production Estimates?
The API (American Petroleum Institute) will publish its crude oil inventory report on December 12, 2017. Market surveys estimated that US crude oil inventories could have fallen by 3,780,000 barrels on December 1–8, 2017. On December 13, 2017, the EIA ...
UPDATE 1-US crude stockpiles fall for fourth week on huge Cushing draw -EIA
Crude Oil Prices Settle Lower Ahead of Inventory Data
WTI Crude Oil Price Analysis for Dec 13, 2017
Crude Oil Price News: OPEC Cuts And China Demand Give Stability
Crude Oil price per barrel extended gains to end the week in what was seen as a relief rally after a disappointment EIA Crude Oil Inventory Report that showed a rise in gasoline stockpiles. When there is a rise in refined crude products, traders imply ...
Chinese thirst, US labor sends oil prices higher early Friday
US Crude Oil Inventories Have Fallen 16% from Their Peak
The EIA published its weekly crude oil inventory report on December 6, 2017. US crude oil inventories fell by 5.6 MMbbls (million barrels) or 1.2% to 448.1 MMbbls on November 24–December 1, 2017, according to the EIA. Inventories fell by 37 MMbbls or 7 ...
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Crude Oil Price Slips Following Inventory Report
24/7 Wall St.
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories decreased by 5.6 million barrels last week, maintaining a total U.S. commercial crude ...
Oil Prices Fall After API Reports Huge Build In Gasoline Inventories
Crude Oil Prices Eye EIA Inventory Data, Gold Breaks Range Floor
Oil edges up after drop in US crude inventories, but soaring output weighs
Oil Dips as Industry Data Shows Surprise US Gasoline Build
The API report was also said to find that crude inventories slid by 5.48 million barrels last week and supplies at the key Cushing, Oklahoma, pipeline hub declined by 1.95 million barrels, the people said. Distillates rose by 4.26 million barrels. U.S ...
Funds build record bullish position in oil ahead of 2018: Kemp
US Crude Oil Inventories: Bearish Driver for Crude Oil
The EIA released its weekly crude oil inventory report on November 15, 2017. It estimates that US oil inventories rose by 1,854,000 barrels to 458.9 MMbbls (million barrels) on November 3–10, 2017. Crude oil inventories rose 0.4% week-over-week but ...
Crude oil posts fourth straight loss as crude inventories swell
Oil prices settle lower after US crude stocks rise
Crude Oil - Gold Link in November 2017