Tag Archives: Crude oil

Crude Oil Inventories / Futures Broker

NEW YORK, Sept 29 (Reuters) – U.S. crude oil inventories fell slightly more than expected last week on lower imports, a government report showed on Wednesday. Stocks of gasoline and distillates also dropped, against forecasts of builds, as refinery utilization slumped 2 percentage points to 85.8 percent, according to the report by the U.S. Energy… read more

Crude Oil Inventories – Futures News

NEW YORK, Sept 9 (Reuters) – U.S crude oil inventories last week fell unexpectedly as refineries ramped up their utilization rates, a government report showed on Thursday. Distillate and gasoline stocks also fell in the week to Sept. 3, as distillate output slipped and total product demand over the last four weeks rose 0.7 percent… read more

EIA Energy Stocks Report 6-9-2010

In today’s Monthly Oil Market Report, OPEC raised its estimate of world growth from 3.5% to 3.8% for 2010. Its estimate of world oil demand was roughly the same as last month, at 85.37 million barrel per day. July crude oil is trading higher. The U.S. Department of Energy (DOE) said that crude oil supplies… read more

Market Perspective [4/20/2010]

OUTSIDE MARKETS The Dow Jones Industrial Average closed 73.39 points higher Monday at 11,092.05. The overnight session saw the Dow Jones futures trade 2 points higher, indicating the market could see light buying interest Tuesday. Asian markets were mostly higher with the Nikkei down 8.09 at 10,900.68. European markets were also mostly higher. The overnight… read more

EIA Energy Stocks Report [4/14/2010]

NEW YORK, April 14 (Reuters) – U.S. crude oil futures extended their gains on Wednesday, rising more than $1, after government oil inventory data showed crude oil stocks fell last week, against expectations for a build. The U.S. Energy Information Administration’s report said crude oil stockpiles fell 2.2 million barrels, against a forecast for stocks… read more

Bullish reaction swing portends new rally in Crude. [chart]

The International Energy Agency said that it expects world oil demand to average 86.6 million barrels per day (mbd) in 2010, slightly more than the previous record high of 86.5 mbd in 2007. Crude zoomed through the ascending median line and closed above the prior swing high of 85.43 on April 6th. From this new… read more

EIA Energy Stocks [4/7/2010]

NEW YORK, April 7 (Reuters) – U.S. crude oil inventories rose slightly more than expected last week while gasoline stockpiles showed a steep drawdown, a government report showed on Wednesday. Distillate inventories showed a surprise build in the week to April 2, while refinery utilization rose more than analysts had forecast, according to the weekly… read more