Blog Source: www.analystpalmoil.com
by the American Petroleum Institute, an industry group. Oil inventories fell by 4.4 million barrels, the EIA said, far exceeding the 700000-barrel average forecast given by analysts. Refiners appeared to have ... Gasoline inventories fell by 1.6
Blog Source: www.dailymarkets.com
The EIA reported a greater-than-expected 4.4 million barrels drop in crude oil inventories. Current crude oil stocks are 19.9% above the year-earlier level and remain above the upper limit of the average for this time of the year. ... Total refined
Blog Source: brokersreport.blogspot.com
Meanwhile, gasoline inventories fell 1.6 million barrels, and distillate stockpiles declined 300000 barrels. The Energy Information Administration yesterday raised its outlook for this year's crude-oil and gasoline prices. The body said that crude
Blog Source: www.greenfaucet.com
Oil Patch watchers banked on a build in gasoline supplies from 750000 to 1.3 million barrels. EIA, though, reported inventories decreasing by 1.6 million barrels, putting supplies below seasonal norms. According to Street estimates, we should have
Blog Source: asianenergy.blogspot.com
The EIA report follows data from the American Petroleum Institute released late Tuesday, which showed a 6 million barrel draw in crude oil stocks, a 27000 barrel rise in gasoline inventories and a 19000 barrel gain in distillates. ... A look at this
Blog Source: www.analystpalmoil.com
EIA's data less shocking. “The crude draw was bullish, but it didn't come as a great surprise, as the market already reacted to Tuesday's inventory data,” said Jim Ritterbusch, president of the trading advisory firm Ritterbusch & Associates . ...