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weekly crude oil report

Weekly Crude Oil Inventories Report

Crude oil prices rose further this week, trading up to fresh seven-year highs, before retracing slightly in response to developments with Saudi Arabian output and the latest US inventory data. Speaking mid-week, Khalid al-Falih, the…

Weekly Crude Oil Inventories Report

Oil continued to trade higher this week despite the latest inventory data from the Energy Information Administration in the US which showed stockpiles having risen over the last week. The data from the EIA for the week ending September 21st…

Weekly Crude Oil Inventories Report

Following strong sales over the prior week, crude oil prices were higher this week in response to the latest data from the Energy Information Administration showing that US crude oil inventories declined by 5.3 million barrels.…

Weekly Crude Oil Inventories Report

The latest report from the Energy Information Administration showed that US crude oil inventories last week fell back to their lowest levels since 2015. In the week ending August 31st, commercial US crude stocks shrank by 4.3 million…