Inventory build crude oil
As crude oil entered its third day of price declines in a row, the Energy Information Administration added to already existing pressure by reporting a build in crude oil inventories of 2.9 million Inventory build-up sends oil prices down. Crude oil prices fell early Wednesday after the American Petroleum Institute reported a build-up in crude oil inventories. The market had anticipated a draw, and awaits official confirmation by the EIA later in the day. Crude oil prices fell further down today after the Energy Information Administration reported a 1.6-million-barrel build in crude oil inventories for the week to August 9. This compares with an unexpected inventory build of 2.4 million barrels for the previous week that weighed on prices since it followed three weeks of considerable inventory draws. This week’s domestic crude oil production estimate incorporates a re-benchmarking that lowered estimated volumes by 65,000 barrels per day, which is about 0.5% of this week’s estimated production total. The American Petroleum Institute reports inventory levels of US crude oil, gasoline and distillates stocks. The figure shows how much oil and product is available in storage.The indicator gives an The more bearish news from the EIA was that U.S. gasoline inventories soared 5.1 million barrels, compared with expectations for a 1.2 million-barrel gain. U.S. gasoline futures dropped 3.63 cents Oil prices dropped about 1% on Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a fresh round of tariffs by Washington on Chinese goods would come
Preliminary data suggest that actual stock levels for crude oil and products have have blamed the small operators (refiners and retailers) for building up their
16 Jan 2019 West Texas Intermediate crude oil prices will average $8/bbl lower than Brent prices in this year's first quarter before the discount gradually falls to 25 Feb 2015 Bulging inventories are expected to continue to build at the biggest US oil- storage facility, putting more downward pressure on crude prices and 29 Jul 2019 We use the discrepancy between crude oil inventory forecasts and Key words: Crude oil spot prices; inventory news; market's perception; ARIMA forecast; US propane - Second-third quarters 2007: Low C3 inventory build 27 Jan 2016 After last night's big build in inventories reported by the API, traders were expecting a larger than expected increase in stockpiles from this As the effect of the coronavirus epidemic begins to recede and oil prices start to recover, the Energy Information Administration reported a crude oil inventory build of 400,000 barrels for the Crude oil prices were restrained by a major inventory increase in the US Trade hopes keep the underpinned, but there’s more stockpile data coming Gold prices steadied in Asia after US-session losses
Inventory build-up sends oil prices down. Crude oil prices fell early Wednesday after the American Petroleum Institute reported a build-up in crude oil inventories. The market had anticipated a draw, and awaits official confirmation by the EIA later in the day.
Preliminary data suggest that actual stock levels for crude oil and products have have blamed the small operators (refiners and retailers) for building up their
Crude oil futures accelerated lower on Coronavirus fears ahead of EIA reporting a build in crude storage and gasoline with a draw in distillate. The EIA said Crude oil inventories had a build of 3548k bbls.
Get the Crude Oil Inventories results in real time as they're announced and see the So the market forecast draw-down of 0.8 but there was a build up of 6.7mn. 7, Daily Crude Oil and Petroleum Product Spot Prices, PDF. 8, Daily Trans- Atlantic Spot Product Price Differentials: New York Harbor less Rotterdam (ARA) - 30 Oct 2019 Weekly Crude Oil Storage as of October 25, 2019. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) 18 Dec 2019 Oil prices have fallen after US industry data showed a surprise build in crude inventories with the American Petroleum Institute estimating a 11 Mar 2020 reported a crude oil inventory build of 7.7 million barrels for the week to March 6. This compares with a moderate build of 800,000 barrels for 31 Oct 2019 Oil prices were off slightly as the EIA reported a crude oil inventory build of 5.7 MMbbls for the week to October 25, pressuring prices a day after
31 Oct 2019 U.S. West Texas Intermediate (WTI) crude futures were down by 16 cents, 0.3%, at $54.90 a barrel, after declining 0.9%. TOKYO: Oil prices fell for
As the effect of the coronavirus epidemic begins to recede and oil prices start to recover, the Energy Information Administration reported a crude oil inventory build of 400,000 barrels for the Crude oil prices were restrained by a major inventory increase in the US Trade hopes keep the underpinned, but there’s more stockpile data coming Gold prices steadied in Asia after US-session losses The American Petroleum Institute (API) has estimated a surprise crude oil inventory build of 401,000 barrels for the week ending Aug 29, compared to analyst expectations of a 3.50-million barrel draw. Crude oil was trading at $54.30 right before the release; The crude oil build his less than expectations at 0.415M vs 3.2M estimate. Gasoline -1.971M vs +0.20M estimate EIA: US crude oil inventories build, ending seven consecutive weekly declines. US commercial crude oil inventories, excluding the Strategic Petroleum Reserve, increased by 2.4 million bbl for the week ended Aug. 2 compared with the previous week, the Energy Information Administration said.
Crude oil prices were restrained by a major inventory increase in the US Trade hopes keep the underpinned, but there’s more stockpile data coming Gold prices steadied in Asia after US-session losses