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US gasoline stocks

Oil drops on demand worries

Oil drops on demand worries

HOUSTON: Oil prices fell by 4% on Wednesday, and touched their lowest levels since June, as a larger-than-expected...
Published 07 Dec, 2023 04:35am
Oil rises to 3-week highs
Markets

Oil rises to 3-week highs

NEW YORK: Oil prices rose on Wednesday to three-week highs, as OPEC+ agreed to its deepest cuts to production since...
Published 06 Oct, 2022 05:59am
Gasoline margin rises
Markets

Gasoline margin rises

NEW DELHI: Asia’s gasoline crack jumped for a third straight session after US inventories dropped in a bullish...
Published 12 Aug, 2022 05:44am
Gasoline margin rises
Markets

Gasoline margin rises

NEW DELHI: Asia’s gasoline markets gained on Wednesday after crude oil prices dipped and US inventories fell. The...
Published 04 Aug, 2022 05:43am
Gasoline margins jump
Markets

Gasoline margins jump

MANILA: Benchmark northwest European gasoline barge refining margins jumped on Thursday to over $19 a barrel as oil...
Published 15 Apr, 2022 05:29am
Asia's gasoline margin dips
Markets

Asia's gasoline margin dips

SINGAPORE: Asia's gasoline crack dipped on Thursday after data showed stockpiles hit a two-week high in Singapore....
Published 30 Jul, 2021 05:10am
US crude stocks slump more than expected: EIA
Markets

US crude stocks slump more than expected: EIA

  • Crude inventories fell by 8 million barrels in the week to April 30 to 485.1 million barrels, compared with analysts' expectations in a Reuters poll for a 2.3 million-barrel drop.
  • Refinery crude runs rose by 225,000 barrels per day in the last week, EIA said.
Published 05 May, 2021 08:47pm
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
Asia gasoline crack drops
Markets

Asia gasoline crack drops

SINGAPORE: Asia’s gasoline crack extended losses on Thursday after data showed an increase in gasoline stockpiles...
Published 09 Apr, 2021 04:51am
Oil prices rise over 3pc
Markets

Oil prices rise over 3pc

NEW YORK: Oil prices rose more than 3% on Wednesday, boosted by a huge drop in US fuel inventories and expectations...
Published 04 Mar, 2021 04:58am