When
the crude oil report is released every Wednesday morning at 10:30 a.m., ET, it will more than likely cause the oil market to move.
My trading plan for that day was to wake up early, read all the early
crude oil reports, analyze volume and U.S. dollar, and pick a direction before the inventory report was released.
Not exact matches
Meanwhile, traders in distressed debt and mortgage - linked securities could be seeing pay cuts around 25 %, while
crude -
oil traders are expecting a 20 % cut,
reported Bloomberg.
CNBC's Michelle Caruso - Cabrera
reports on new highs for
crude oil and gold after Saudi Arabia intercepted projectiles destined for its capital Riyadh.
CNBC's Jackie DeAngelis
reports on the moves in
crude oil after Israel Prime Minister Benjamin Netanyahu's comments on Iran.
NEW YORK, April 30 (Reuters)- U.S.
crude oil production jumped 260,000 barrels per day (bpd) to 10.26 million bpd in February, the highest on record, the Energy Information Administration said in a monthly
report on Monday.
NEW YORK, April 30 - U.S.
crude oil production jumped 260,000 barrels per day to 10.26 million bpd in February, the highest on record, the Energy Information Administration said in a monthly
report on Monday.
Department of Energy Secretary Ernest Moniz told reporters in Seoul, South Korea that the government was reviewing the issue of
crude oil exports, given the mismatch between rising supplies of
crude and the U.S. refining capacity, The Wall Street Journal
reported.
The price of U.S.
oil rose Wednesday following
reports that Washington is studying whether to lift a longstanding ban on
crude oil exports.
On Wednesday, the Energy Department is expected to
report that U.S.
crude oil supplies fell last week by 1.5 million barrels, according to a survey of analysts by Platts.
While all this sounds reassuring, the State Department also writes elsewhere in the
report that «a focused, peer - reviewed study of the potential corrosivity / erosivity of
oil - sands derived
crude oils relative to other
crude oils has not yet been conducted.»
U.S.
crude futures dipped below $ 28.50, while the international benchmark Brent fell as far as $ 27.79 a barrel after
reports that Iran had offered sharp discounts to customers in Europe and Asia to find buyers for millions of barrels of
oil in storage that it is now free to sell, after the lifting of most international sanctions on it at the weekend.
CNBC's Jackie DeAngelis
reports on the rebound in
oil prices as
crude inches higher on signs of extended supply cuts.
CNBC's Jackie DeAngelis
reports fresh lows in
crude over the weekend as concerns resurface that oversupply will continue to pressure
oil prices.
CNBC's Jackie DeAngelis
reports on the latest data from
crude oil and gasoline inventories.
CNBC's Jackie DeAngelis
reports on
oil prices ahead of the Department of Energy's
crude inventory
report.
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.
CNBC's Jackie DeAngelis
reports on the turnaround in
oil prices as
crude flirts with $ 31 a barrel and OPEC calls for supply cuts.
CNBC's Jackie DeAngelis
reports on
crude oil's losing streak after a
report on inventory shortage from the commodities desk.
CNBC's Jackie DeAngelis
reports the moves in
crude prices as Iraqi forces gain ground in
oil - rich territories.
CNBC's Jackie DeAngelis
reports the price reaction after
crude oil and gasoline inventories were announced.
CNBC's Jackie DeAngelis
reports the latest read of
crude oil and gasoline inventories from the EIA.
CNBC's Jackie DeAngelis
reports on the trading action in
crude, as
oil prices slide on global growth worries over demand.
According to Reuters, shipments of copper,
crude oil, iron ore and soybeans all rose from the levels
reported in February.
At the NYMEX, CNBC's Jackie DeAngelis
reports the latest on
crude oil, and the dollar ahead of the Fed.
CNBC's Jackie DeAngelis
reports the latest read on
crude oil and gasoline inventories from the EIA.
The momentum is certainly to the downside, says CNBC's Jackie DeAngelis
reporting the latest on
crude oil prices.
A U.S.
crude inventory build of 2.6 million barrels in the week through Dec. 25 could keep downside pressure on
oil,
reports CNBC's Jackie DeAngelis.
CNBC's Jackie DeAngelis is at the NYMEX
reporting the latest in
crude oil prices, and what can impact gas inventories.
A global glut in
oil could put more downward pressure on
crude prices,
reports CNBC's Jackie DeAngelis.
CNBC's Jackie DeAngelis
reports on the weekly performance of commodities including
crude oil and gold.
As the strong dollar pressures
crude, CNBC's Jackie DeAngelis
reports on the
oil market closing for the day.
CNBC's Jackie DeAngelis
reports the latest trading action in
oil as oversupply continues to plague
crude prices.
CNBC's Jackie DeAngelis discusses the
crude oil trade with the «Fast Money Halftime
Report» traders.
The Paris - based IEA forecasts in its latest
oil markets
report that
crude - by - rail exports will grow from 150,000 barrels a day in late 2017 to 250,000 barrels a day this year and then to 390,000 barrels a day in 2019.
According to a recent Reuters
report, depending on who takes a Senate seat from several of these battle ground states and who wins certain gubernatorial races could mean which of the energy topics — EPA carbon regulations, the Keystone Pipeline XL's approval, relaxing
crude oil export rules, developing clean energy technology — will take priority.
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.
Statistics Canada
reported in The Daily in November that, «gasoline prices have increased at a slightly faster pace in the central and eastern provinces than in the west, resulting in a spread between some provincial gasoline indices... associated with the dual
crude oil market in Canada and the recent price differential between
crude oil benchmarks.»
The dilbit
report, which was authored by independent experts and not the
oil industry, should quash some of the charges against Alberta's
crude once and for all.
The U.S. Energy Information Administration (EIA)
reported last week that China imported more
crude oil than the U.S. for the first time in 2017.
The
report also counters warnings from environmentalists that the pipeline's construction would spur a huge increase in production from western Canada's tar sands, believed to be one of the biggest reserves of
crude oil outside Saudi Arabia — unleashing torrents of greenhouse gases into the atmosphere.
May 1 Anadarko Petroleum Corp
reported a quarterly profit on Tuesday as higher
crude prices helped the
oil and gas producer earn more per barrel.
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 shutd
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 shutd
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.
Oil extended gains, with Brent
crude soaring more than 3 percent, on a
reported decline in U.S.
crude inventories and after sources signaled top exporter Saudi Arabia wants to see
crude closer to $ 100 a barrel.
Oil prices, which have recently received some support from
reports about discussions of another possible extension of the OPEC production cut deal, remained stable following the release of the EIA
report, with WTI trading at US$ 48.75 a barrel and Brent
crude at US$ 54.62 a barrel.
Every week, the EIA releases a
report detailing
crude flows and
oil stock levels in each of the nation's Petroleum Administration for Defense Districts, or PADDs, of which there are five: New England (PADD 1), Midwest (2), Gulf Coast (3), Rocky Mountain (4) and West Coast (5).
As refineries along the Gulf Coast slowly resume normal operations, there was no surprise in this week's EIA inventory
report: a build of 4.6 million barrels of
crude oil.
The U.S. dollar clung to gains amid fading concerns over a global trade war, while
oil soared on a
reported decline in U.S.
crude inventories and the possibility of supply disruptions.
Genscape, which tracks
oil inventories,
reported a near 2.4 million - barrel build last week in Cushing, the Oklahoma delivery point for U.S.
crude futures, a market source said.
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.