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Tag: crude oil
US Crude Oil, Fuel Stocks Dip Further Tightening Supply
2021-10-21 00:15:00| OGI
Crude stocks at the Cushing, Oklahoma, delivery hub fell by 2.3 million barrels to 31.2 million barrels. Thats the lowest level since October 2018, and points to tightness in the market that may take some time to alleviate.
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.
Hyperinflation: Crude Oil Prices to Infinity and Beyond
2021-09-30 16:00:00| OGI
Find out why rising crude oil prices could pose a hyperinflationary threat to the U.S. economy.
Tags: prices
beyond
oil
infinity
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.