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US Crude Stockpiles Rise Causing Oil Prices to Ease from Multiyear Highs

2021-10-06 23:05:00| OGI

A lot of the crude build seems to have gone to increased inputs into refineries, said Bob Yawger, director of energy futures at Mizuho, following an EIA report on U.S. crude oil and gasoline inventories.

Tags: prices oil rise ease

 

US Crude, Fuel Stockpiles Rise as Oil Production Returns

2021-09-29 22:05:00| OGI

The rebound came as U.S. crude oil output jumped by 500,000 bbl/d to 11.1 million bbl/d, a level consistent with activity before Hurricane Ida slammed into the U.S. Gulf Coast about a month ago.

Tags: production returns oil rise

 
 

US Crude Oil Stockpiles Fall to Lowest in Three Years

2021-09-22 22:35:00| OGI

Crude oil inventories in the U.S. now sit at their lowest levels since October 2018, and that tightness, along with strong demand, has helped drive oil prices higher.

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US Crude Oil Stockpiles Rise for First Time Since May

2021-07-21 21:30:00| OGI

The crude oil build in the U.S. was obviously a surprise driven by a surge in imports and a plunge in exports, says analyst John Kilduff.

Tags: may time since oil

 

US Crude Oil Stockpiles Fall for Eight Straight Week

2021-07-14 23:05:00| OGI

Crude oil inventories in the U.S. fell by 7.9 million barrels in the week to July 9, far more than analysts expectations for a decrease of 4.4 million barrels.

Tags: week fall oil straight

 

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