U.S. crude oil refinery inputs averaged 16.6 million barrels per day during the week ending September 28, 2018, which was 77,000 barrels per day more than the previous week’s average. Refineries opera[...]
Greenback turns to Fed’s dot plot for guidance, Oil hits new highs
The most popular topic across financial market headlines is the relentless appreciation witnessed in global oil prices after OPEC and Russia squarely rejected Donald Trump’s demand to boost output ove[...]
EIA: Weekly Crude Data Shows 2.1M Barrel Decline in Inventories
U.S. crude oil refinery inputs averaged 17.4 million barrels per day during the week ending 14 September 2018, which was 442,000 barrels per day less than previous week’s average. Refineries operated [...]
Commercial Crude Oil Inventories Decreased by 4.3 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 17.6 million barrels per day during the week[...]
WTI Oil Futures Extend Gains After Crude Inventory Data
West Texas Intermediate oil extended gains in North American trade on Wednesday, after weekly data showed that oil supplies in the U.S. registered a larger-than-expected draw. Crude oil for Oct[...]
WTI Oil Futures Hold Solid Gains After Crude Inventory Data
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[...]