Sentences with phrase «crude oil inventory»

At 10:00 am, before the Dept. of Energy's Crude Oil Inventory report, a typical futures trader would have to consider not just one but two problems:

The site bases its predictions on weekly industry reports that measure crude oil inventory and refinery output levels.

Traders look ahead to a fresh batch of crude oil inventory data from the American Petroleum Institute (API) due Tuesday after data last week showed an unexpected build in U.S. crude stockpiles.

OPEC and Russia are already achieving what they intended to achieve with the deal — a decline in crude oil inventory levels around the globe, the minister said.

American Petroleum Institute (API) crude oil inventory data Oil inventory build of 2.6 mln barrels Cushing draw of 319K barrels Gasoline -1.94 mln bbls Distillate -95 K bbls The survey expectations Continue Reading

This week's crude oil inventory build takes away from the previous streak of draws that saw almost 50 million barrels removed from inventory, according to API data.

In spite of analyst warnings, prices remained stable after the third weekly crude oil inventory increase, suggesting that market players have already factored in the prolonged consequences of Hurricane Harvey and Irma on oil dynamics in the United States.

U.S. crude oil inventories rose by 2.2 million barrels in the week to April 20, to 429.74 million barrels.

U.S. crude oil inventories rose by 2.2 million barrels in the week to April 20, to 429.74 million barrels.

U.S. crude oil inventories are up 4.7 million barrels.

CNBC's Jackie DeAngelis reports on the weekly EIA status report showing crude oil inventories up at 3.9 million barrels and gasoline inventories down at 4.5 million barrels.

Although U.S. crude oil inventories are at «historically high levels» for this time of year, according to the Energy Information Adminstration's Weekly Petroleum Status report, Molchanov predicts inventories will trend lower by the middle of the year as prices recover.

Crude oil prices inched up after the EIA reported a smaller - than - expected build of 5.9 million barrels in crude oil inventories for the week to September 8, after a 4.6 - million - barrel build in the prior week due to the Gulf Coast refinery shutdowns.

A day earlier the American Petroleum Institute had estimated crude oil inventories had risen for the second week in a row, by a hefty 6.18 million barrels, which was only to be expected as the market is prepared for the Hurricane Harvey effects on Gulf Coast refining to linger for another few weeks.

The authority reported a 1.8 - million - barrel decline in U.S. commercial crude oil inventories for the week to September 22, to a total 471 million barrels.

As WTI enjoys the first meaningful price rise since this spring, and a day after the API injected further optimism in markets by reporting a 761,000 - barrel draw in U.S. crude oil inventories, the EIA added fuel to the celebratory mood.

Amid restarting refineries along the Gulf Coast and growing optimism about strengthening demand, the EIA dampened spirits somewhat by reporting a substantial increase in crude oil inventories for the week to September 15.

Oil prices are falling because crude oil inventories were in good shape heading into the hurricane and because crude oil production will be less affected by the storm.

With oil prices already down on the day, the American Petroleum Institute (API) reported a large build of 3.427 million barrels of United States crude oil inventories for the week Continue Reading

The American Petroleum Institute (API) reported a build of 6.181 million barrels in United States crude oil inventories, compared to analyst expectations that inventories would build by 10.1 million barrels for the week ending September 8 as many refineries in the Gulf Coast remain offline and demand in Florida wanes in the wake of the most recent hurricane.

Goldman says the lingering effects will be «modestly bearish,» projecting a 40 - million - barrel increase in crude oil inventories.

The American Petroleum Institute (API) reported a draw of 761,000 barrels in United States crude oil inventories, compared to analyst expectations that inventories would build by 3.422 million barrels for the week ending September 22.

OPEC's goal is to bring crude oil inventories back to average levels, not just products.

The OPEC deal seems to finally be bearing fruit in the form of a sharp decline in global crude oil inventories.

However, crude oil inventories remain high, with current storage levels near 500 million bbl, which is approximately 9 million bbl ahead of last year.

It's a quiet day on the release front, as the sole event is Crude Oil Inventories.

ECB Minimum Rate, ECB Press Conference,EUR,EUR - USD, German GfK Consumer Climate, Market Pulse, US Core Durable Goods Orders, US Crude Oil Inventories, US Durable Goods Orders, US Unemployment Claims, usd

I am expecting crude oil inventories in Cushing to build this week as the net inflow (inflow - outflow) into Cushing showed a modest increase last week.

Global crude oil inventories had reached record highs, and the price of oil Continue Reading

The chart above shows that the U.S. Energy Information Administration estimates that commercial crude oil inventories at OECD countries could hit their lowest in two years by the end of 2017, coinciding with a sharp drop in U.S. inventories.

Most recent EIA data puts crude oil inventories at 527.

The EIA reports: «At 528.7 million barrels, U.S. crude oil inventories are near the upper limit of the average range for this time of year.»

crude oil inventories C - STK - T - EIA rose by 2.2 millionbarrels in the week to April 20, to 429.74 million barrels.That's almost 10 million barrels above the five - year average.U.S.

Yesterday, oil prices were boosted by the EIA reporting a fresh draw in crude oil inventories for the week to May 12, at 1.8 million barrels.

In the meantime, crude oil inventories remain stubbornly high.

On Wednesday, Saudi Energy Minister Khalid al - Falih said — after meeting with his Russian counterpart Alexander Novak — that OPEC and non-OPEC producers are committed to do «whatever it takes» to draw the global crude oil inventories down to their five - year average.

Rising US crude oil inventories sent prices tumbling this week.

Crude oil inventories rose by 2.4 m barrels while both gasoline and distillate stocks were lower.

The market was already moving upward on the back of this morning's EIA report, which reported a draw in crude oil inventories of 1.9 million barrels — the fourth draw in a week.

The Crude Oil inventories that will be released at 3:30 GMT today are expected to show a decrease in US stockpiles of 0.5 million barrels.

BoC Gov Poloz, CAD, Currency, Market Pulse, US Core Durable Goods Orders, US Crude Oil Inventories, US Durable Goods Orders, US Unemployment Claims, usd, usd cad

What's even more unusual is that they have set a record high at the same time as U.S. crude oil inventories.

According to the U.S. Energy Information Administration, «U.S. crude oil inventories remain near levels not seen for this time of year in at least the last 80 years.»

The migrations of crude oil inventories from the Midcontinent to the Gulf Coast will increase exports of refined products.

Not exact matches

SINGAPORE, May 3 - Oil dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that undermined efforts by OPEC to cut supplies, although potential new U.S. sanctions against Iran kept markets on the...

Oil ran ahead $ 2.99 to US$ 106.52 a barrel as U.S. crude inventories came in higher than expected.

Oil dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production.

Oil prices were steady on Thursday following a larger - than - expected increase in U.S. crude inventories: U.S. crude futures were higher by 0.04 percent at $ 67.96 per barrel and Brent crude futures for July delivery were flat at $ 73.36.

Oil fell Tuesday as a stronger dollar prompted investors to take profits from a two - week rally ahead of weekly data that analysts have forecast will indicate an uptick crude inventories.

LONDON, May 3 - Oil prices edged higher on Thursday despite swelling U.S. crude inventories and record weekly U.S. production, as focus shifted back to OPEC supply cuts and the potential of new U.S. sanctions against Iran.