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Crude inventories

US crude stockpiles fell in latest week: EIA
Markets

US crude stockpiles fell in latest week: EIA

  • Crude inventories fell by 5.1 million barrels in the week ended May 28, compared with analysts' expectations for an decrease of 2.4 million barrels.
  • Gasoline stocks rose by 1.5 million barrels, compared with analysts' expectations in a Reuters poll for a 1.5 million barrel drop.
Published 03 Jun, 2021 09:12pm
US crude stockpiles fall as refiners ramp up output: EIA
Markets

US crude stockpiles fall as refiners ramp up output: EIA

  • Crude inventories fell by 5.9 million barrels in the week to April 9 to 492.4 million barrels, compared with analysts' expectations in a Reuters poll for a 2.9 million-barrel drop.
  • Oil prices rallied on the report. US crude futures were up $2.50 a barrel, or 4.1%, at $62.68 a barrel, while Brent rose 4% to $66.17 a barrel.
Published 14 Apr, 2021 08:22pm
US crude stocks down by nearly 10 million barrels: EIA
Markets

US crude stocks down by nearly 10 million barrels: EIA

  • Crude inventories fell by 9.9 million barrels in the week to Jan. 22 to 476.7 million barrels, compared with analysts' expectations in a Reuters poll for a 430,000-barrel rise.
  • Refinery utilization rates fell by 0.8 percentage points, in the week.
Published 27 Jan, 2021 09:12pm
Crude stocks jump in most recent week: EIA
Markets

Crude stocks jump in most recent week: EIA

  • Crude inventories rose by 4.4 million barrels in the week to Jan. 15, compared with analysts' expectations for a decrease of 1.2 million barrels.
  • Refinery crude runs rose by 110,000 barrels per day, EIA data showed. Refinery utilization rates rose by 0.5 percentage points.
Published 22 Jan, 2021 09:27pm
US crude stockpiles drop, fuel inventories build: EIA
Markets

US crude stockpiles drop, fuel inventories build: EIA

  • Crude inventories fell by 3.2 million barrels in the week to Jan. 8 to 482.2 million barrels, compared with expectations in a Reuters poll for a 2.3 million-barrel drop.
  • I think what we're seeing here is the drawdown in supply and a big uptick in refinery runs is giving the market an idea that refiners are starting to ramp up production of products.
Published 13 Jan, 2021 09:08pm