oil inventories

Inventories Rise (14th Consecutive Week) Crude oil prices initially fell lower at the start of the week. However, prices posted a recovery midweek as the latest data from the EIA was not as bad as expected. The Energy Information… Read More

Inventories Surge Higher It’s been another tough week for crude oil. Despite the broader recovery in risk markets, as equities and commodities continue to climb off the recent lows, oil prices remain hemmed in by low demand. The Energy… Read More

Crude Inventories Rise Again In yesterday's report, the Energy Information Administration reported a further build in US crude inventories. In the week ending March 20th, the EIA reported that US commercial crude levels rose by 1.6 million… Read More

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… Read More

Inventories Rise Again Hopes of a fuller recovery in crude prices were left flat this week as the Energy Information Administration reported a sixth-consecutive weekly gain in US crude stores. The EIA reported that in the week ending… Read More

Inventories Rise, but not as High as Forecast Crude oil prices remained supported this week on the back of the latest data from the Energy Information Administration. The EIA reported that in the week ending February 14th, US crude… 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

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 Climb Crude prices have moved sharply lower into the back end of the week following the latest report from the Energy Information Administration. Despite the API reporting a large build in US crude stores, the EIA showed that… 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