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Tag: stockpiles
US Crude Oil Stockpiles Hit Record High For Third Week
2020-06-24 21:00:00| OGI
Crude oil inventories also hit another record high on the U.S. Gulf Coast, where the bulk of the nation's refining capacity is located.
LNG Tanker to Drop Cargo in US with European Stockpiles Near Full
2020-06-11 22:00:00| OGI
The combination of higher U.S. prices, coronavirus demand destruction and record stockpiles in Europe has already prompted buyers to cancel dozens of U.S. LNG export cargoes for delivery this summer.
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US Crude Oil Stockpiles Surge to Record High on Big Saudi Imports
2020-06-10 19:35:00| OGI
Crude oil inventories rose 5.7 million barrels in the week to June 5 to 538.1 million barrels, most in history, not including the U.S. strategic reserves, EIA data showed.
US Crude Oil Stockpiles Unexpectedly Drop for First Time Since January
2020-05-13 20:00:00| OGI
Stocks in Cushing fell by 3 million barrels in the last week, the EIA said. The hub, coming into this week's data, is more than 80% full, as producers find themselves with fewer places to store oil.