EIA

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… Read More

Crude Inventories Rally Crude prices have been fighting to reclaim some higher ground this week. However, the rally was capped on Wednesday by the latest report from the Energy Information Administration. The EIA reported that in the week… Read More

Inventories Back Up Crude prices have been back under pressure this week. The latest report from the Energy Information Administration reflected an unexpected build in US crude stores last week. The EIA reported that US crude stores rose… Read More

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… Read More

The weekly crude oil inventories report is delayed this week due to the New Year’s Day holiday. So, the report will be released tomorrow instead of the usual Wednesday release date. Last week, the EIA reported a 5.5 million barrel… Read More

Inventories Rise Despite API Report Its been another solid week for crude oil which was driven higher again by a bullish report from the Energy Information Administration. There had been some jitters earlier in the week due to a release… Read More

Crude prices were knocked lower yesterday as the latest EIA inventories report highlighted a further build in US crude stores. The Energy Information Administration reported that in the week ending November 8th, US crude stocks rose by a… Read More

Crude Stores Rise Again Crude prices remained buoyant this week despite the latest industry reporting showing a further build in US crude stores. The Energy Information Administration's latest report covering the week ending  4th… Read More

The latest report from the Energy Information Administration this week made for very bearish reading. The report, covering the week ending September 20th, showed that US crude inventories jumped a further 2.4 million barrels. They… Read More