Sentences with phrase «inventories fell this week»

Not exact matches

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.

As prices are falling, they could start replenishing inventory in coming weeks,» said a Mumbai - based dealer with a private bullion - importing bank.

Gulf Coast distillate fuel oil inventories have fallen for four consecutive weeks, according to EIA data.

Prices pared losses after the Energy Information Administration released data showing U.S. crude inventories fell by 4.6 million barrels in the latest week.

Gasoline production averaged 9.5 million barrels, compared with 10.6 million bpd a week earlier, with inventories falling by 3.2 million barrels in the week to September 1.

The authority reported a draw of 5.4 million barrels for the week ending August 25, a day after the American Petroleum Institute estimated these inventories had fallen by 5.78 million barrels in the period.

U.S. crude inventories likely rose by 1.3 million barrels last week, while gasoline and distillate stockpiles fell, a preliminary Reuters poll showed on Monday ahead of data by the Industry group the American Petroleum Institute later in the day.

Inventory of construction steel product rebar among Chinese traders fell for a sixth straight week to 7.13 million tonnes on April 27, data compiled by SteelHome consultancy showed.

Gasoline inventories fell more than anticipated — by 7.896 million barrels for the week ending September 8, against an expected draw of 4.0 million barrels.

Distillate inventories fell again this week, by 4.527 million barrels.

On the week, gas prices fell in all but three states (Indiana, Ohio and Michigan) while all regions, except the Southeast, saw gasoline inventories drop.

Oil rally draws Trump's ire Oil prices reached three - year highs this week following a fall in US inventories and comments from Saudi Arabia targeting a price range of between $ 80 and $ 100 a barrel.

Despite growing economic optimism, oil prices fell this week on increased US inventories.

U.S. crude inventories C - STK - T - EIA fell 1.1 million barrels in the week to Jan. 19, to 411.58 million barrels, the Energy Information Administration (EIA) said on Wednesday.

Meshing the inventory systems of warehouse renters and rentees can take weeks of engineering work, expensive outsourcing, on - site consultants and training or falling back to hairy spreadsheets.

This number falls drastically to five weeks the following year in 2013, indicating tight inventory, tight credit availability, and a lack of new construction of homes to keep up with demand.

In this week's economic review, the 30 - year average mortgage rate was up, home resales fell despite a small bump in inventory, and existing home median prices dropped.