Crude oil inventories

Crude Inventories Rise The latest data from the Energy Information Administration showed an unexpected decrease in US crude stores. Over the week ending January 10th, US crude inventories were lower by 2.5 million barrels. This… Read More

Inventories Surge Crude oil prices made moves in both directions this week. However, despite another bearish update from the Energy Information Administration, crude is higher on the week as of writing. In its latest report covering the… Read More

Crude Stores Rise Again Crude prices have been firmer into the end of the week despite the latest report from the Energy Information Administration. The report covering the week ending October 11th showed a further increase in US crude… Read More

Third Straight Weekly Fall in US Crude Stores Crude prices have softened a little today following an initial rally yesterday. This was in response to the latest industry report which showed a further drawdown in US crude stores. The Energy… 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

API Reports Crude Build Up After surging to fresh seven-year highs last week, crude oil prices have since turned lower this week as a combination of factors including unexpected builds in crude oil inventories, increased OPEC supply,… Read More

Crude oil prices rose further this week, trading up to fresh seven-year highs, before retracing slightly in response to developments with Saudi Arabian output and the latest US inventory data. Speaking mid-week, Khalid al-Falih, the… Read More

Crude oil prices were higher this week as the latest data from the Energy Information Administration showed that US crude oil inventories fell for a fifth week last week, dropping 2.1 million barrels to 394.1 million barrels per day for the… Read More

The latest report from the Energy Information Administration showed that US crude oil inventories last week fell back to their lowest levels since 2015. In the week ending August 31st, commercial US crude stocks shrank by 4.3 million… Read More

Crude oil futures were seen erasing some previous gains to turn higher last week. The turnaround came on Thursday after the weekly crude oil inventory report showed a larger than expected draw on stockpiles. Data from the Energy… Read More