US crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.
U.S. Crude Oil Stockpiles Extend Decline
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while product stocks saw further large weekly builds.
U.S. Crude-Oil Stocks Seen Falling for Eighth Straight Week, Analysts Say
Commercial crude stockpiles are estimated to have fallen by 1.1 million barrels to 413.5 million barrels in the week ended Jan. 10, according to the average forecast of 10 analysts and traders. Seven expect a drop and three predict an increase. Forecasts range from a build of 2.2 million barrels to a withdrawal of 3.5 million barrels.
Crude oil turns lower as U.S. supplies fell but fuel stocks jumped more than expected
Oil futures decline on bearish inventory data; US crude inventories fall but gasoline, distillate stocks increase.
U.S. Crude Oil Stockpiles Extend Decline to Seven Weeks
U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries increased their capacity use.
U.S. Crude Oil Inventories Fall More Than Expected But Gasoline Inventories Surge
The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. fell by more than
FxWirePro- Crude Oil Trade Idea
Crude oil prices hit a multi-month high as US crude inventories hit the lowest level since Apr 2022. It hit a high of $80.56 and currently trading around $80.04. The U.S. Energy Information Administration reported
Oil Stocks Look Ready to Slip. Get Pumped for Going Short?
Oil stocks have surged and now shorting—or betting against them—looks like a stronger bet than buying them. The Energy Select ...
Oil rallies, settles at multi-month high on US crude draw, Russia sanctions
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions ...
Low Oil Stocks at Cushing, Okla. Have Outsized Influence on Near-Term Crude Prices
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between ...
Sanctions and trade barriers set to remain in focus for oil as Trump takes office
Oil posted a loss in Friday’s trading session but tallied a fourth straight weekly rise, with sanctions and trade barriers likely to [remain in focus as President-elec ...
Crude Oil Prices12h
The Case for Lower Oil Prices
Crude oil prices rallied sharply following the release of better-than-expected US CPI data, fueled by optimism about ...
Stock Market News: S&P 500 Snaps 3-Day Winning Streak
The Dow, S&P 500, and Nasdaq fell Thursday as the stock market digested the latest corporate earnings results.
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U.S. API Weekly Crude Oil Stock
European stocks mostly lower ... rate cut in China and ongoing and rising geo-political risk factors.... Crude Oil: Markets Remain Cautious Amid Middle East Tensions, Demand Concerns By Ewa ...