NEW YORK, Dec 15 (Reuters) – U.S. crude oil futures prices turned positive on Wednesday after government oil inventory data showed crude stocks fell much more than expected last week. U.S. crude oil stockpiles fell 9.85 million barrels last week, according to the Energy Information Administration, much more than the drop of 2.5 million barrels… read more
Tag Archives: Unleaded Gas
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
EIA Energy Stocks Report [3/31/2010]
NEW YORK, March 31 (Reuters) – U.S. crude oil stocks last week rose 2.9 million barrels, slightly more than forecast, while gasoline inventories logged a modest but surprise gain, U.S. Energy Information Administration data showed on Wednesday. Distillate stockpiles fell slightly less than forecast by a Reuters poll of analysts in the week to March… read more