Sentences with phrase «oil inventory ahead»
CNBC's Jackie DeAngelis reports on expectation for oil inventory ahead of Department of Energy report.
https://www.cnbc.com/ Not exact matches
Oil ran ahead $ 2.99 to US$ 106.52 a barrel as U.S. crude inventories came in higher than expected.
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.
Oil is slightly lower but is just under the $ 60 a barrel mark, ahead of inventory data to be released at 10:30 am New York time today.
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 pullback in oil prices ahead of inventory numbers expected this week.
That deal more than doubled Exxon's resource position to 6 billion BOE, giving it control of an extensive inventory of low - cost drilling locations that it can tap in the years ahead to grow output in an improving oil market.
However, crude oil inventories remain high, with current storage levels near 500 million bbl, which is approximately 9 million bbl ahead of last year.
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.