oil inventories

Amidst the broader, ongoing rally, crude prices were knocked slightly lower mid-week as the latest industry data highlighted an unexpected build in stockpiles. The weekly Energy Information Administration report, covering the week ending… Read More

The rally in crude oil prices this week was capped as the latest industry report highlighted a build in crude oil stockpiles. The Energy Information Administration report for the week ending March 22nd showed that US crude inventories rose… Read More

Crude Build Up Returns Following a strong rally over the last three weeks, crude prices stalled this week as the latest industry data reported an unexpected build in inventories. The Energy Information Administration report, covering the… 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

Oil prices edged higher earlier this week after reports showed on Monday that the Organization of the Petroleum Exporting Countries (OPEC) was planning an informal meeting in September this year, on the sidelines of the 15th IEA forum in… Read More