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KSA

US Crude Stocks Unexpectedly Fall

Crude oil prices were boosted this week in response to the latest industry data which showed a reduction in stockpiles. The weekly Energy Information Administration report showed that in the week ending March 8th, US crude inventories fell…

Weekly Crude Oil Inventories Report

With OPEC currently battling to turn the tide of lower oil prices through a cut in production, the latest industry data from the US will not make happy reading. The most recent weekly report from the Energy Information Administration,…

Weekly Crude Oil Inventories Report

Crude oil bulls were hit hard again this week by the latest industry data which reported yet a further build in crude stockpiles. The weekly report from the US Energy Information Administration showed that, for the week ending January 25th,…

Weekly Crude Oil Inventories Report

Crude oil prices were able to recover initial losses this week as the latest data from the Energy Information Administration showed a larger than forecast draw in stockpiles. The EIA data for the week ending January 11th, showed US crude…

Weekly Crude Oil Inventories Report

Crude oil prices soared higher this week as a combination of factors boosted prices. Having fallen by around 40% since the high levels seen in 2018, crude oil has come under increasing attention with many market players voicing their…

Weekly Crude Oil Inventories Report

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…

Weekly Crude Oil Inventories Report

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…