Crude oil inventories

Inventories Rise Again The latest report from the Energy Information Administration highlights the growing supply/demand imbalance affecting the crude oil market. The EIA report showed that in the week ending March 13th, US crude stores…

Less Than Expected Inventories Build Crude prices posted a small recovery yesterday in response to the latest report from the Energy Information Administration. The EIA reported that in the week ending February 21st, US crude stores were…

The latest report from the Energy Information Administration has added further downside pressure for crude prices this week. The EIA update showed that US crude inventories fell by 400k barrels last week. News of a drawdown is…

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…

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…

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…

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…

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…

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,…