Tag: crude oil stockpiles

Oil Weekly Outlook For November 19-23

During last week, crude oil remained nearly unchanged, which coincided with the mixed trend in the forex markets. The recent tensions in the Middle East didn’t seem to directly affect the oil market for now. According to the recent EIA…

Oil Stockpiles Rose Again by 2.8MB– May 16

In this week’s petroleum and oil weekly update done the Energy Information Administration, it was stated that the current crude oil inventories located at the Cushing, Oklahoma storage hub are at a record high levels of 45.1 million barrels. The…

Oil Stockpiles Slightly Rose by 1.5MB– May 9

In this week’s petroleum and crude oil report by the Energy Information Administration, it was reported that petroleum and crude oil stockpiles slightly rose during the previous week. There was also a rise in imports, production and refinery inputs. On…

Oil Stockpiles Slightly Increased by 1.9MB– May 3

In the recent petroleum and crude oil weekly report by the Energy Information Administration, petroleum and crude oil stockpiles rose during the previous week. Crude oil prices slightly rose but the Brent premium over WTI declined. On the other hand…

Oil Stockpiles Remained Unchanged– April 26

In the recent petroleum and oil weekly report by the Energy Information Administration, petroleum and crude oil stockpiles didn’t change and remained virtually flat. Crude oil prices moved in a mixed trend as Brent oil declined while WTI oil price…

Oil Stockpiles Decreased by 2.2 M Bbl – April 19

In the recent petroleum and oil weekly update by the Energy Information Administration, petroleum and crude oil stockpiles declined for the second consecutive week, last week by 2.2 million barrels. Crude oil prices also declined during last week and they…

Oil Stockpiles Decreased by 3.9 M bl – April 11

In the recent petroleum and crude oil weekly update of the Energy Information Administration petroleum, crude oil stockpiles changed direction and declined for the first time in four weeks, last week by 3.9 million barrels. Crude oil prices slipped also…

Oil Stockpiles Rose by 1.5 M Bbl – March 21

According to the recent crude oil weekly update of the Energy Information Administration petroleum, crude oil stockpiles changed direction and rose by 1.5 million barrels. Propane stockpiles also rose for the first time in nineteen weeks. Could it be that…