US crude oil inventories have started the year on a positive footing as the first industry data of the year has highlighted little change in stockpiles.
The latest weekly report by the Energy Information Administration, covering the week… Read More
Crude Stocks Fall For Third Consecutive Week
Crude oil was sharply lower once again this week despite the latest industry data which showed a build in US crude inventories. The latest report from the Energy Information Administration,… Read More
Crude oil prices this week turned lower once again despite the latest data from the Energy Information Administration, released yesterday, showing that US crude stocks experienced a less than expected drawdown.
In the week ending December… Read More
Crude oil prices retreated this week despite the latest industry data reporting a drawdown in inventories for the first time in two months. The Energy Information Administration report this week showed that on the week ending November 30th,… Read More
Crude oil prices this week cratered to a fresh 2018 low on yet another build in US crude stockpiles. The latest data from the Energy Information Administration, which collects the data weekly, showed that in the week ending November 23rd,… Read More
Crude oil prices continued to slide this week, moving into either seventh consecutive weekly decline. This is now the longest consecutive losing streak in oil since the markets collapsed in 2014 and many market participants are fearing that… Read More
Crude oil extended its current sell-off to a sixth consecutive losing week this week. The increased selling came on the back of yet another reported build in US crude oil inventories.
The latest data from the Energy Information… Read More
Crude oil extended its decline into a fifth consecutive week this week as the US crude oil inventories were seen rising once again.
New Weekly High In Production
The latest data from the Energy Information Administration showed that crude… Read More
Crude oil extended its bearish run this week, printing a fourth losing week as the latest data from the Energy Information Administration showed US crude oil inventories rising for their sixth consecutive week.
The report from the EIA… Read More
Crude oil prices plummeted further this week, marking their third consecutive weekly loss, with price now down around $10 from the 2018 high watermark. The catalyst for this most recent decline was the latest report by the Energy… Read More