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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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