By Kim Khan Investing.com - Stockpiles of U.S. crude rose less than expected last week, the Energy Information Administration reported Wednesday. Oil inventories rose by 1.6 million barrels for the UPDATE 1-U.S. crude stockpiles rise, fuel draws down ... Mar 18, 2020 · Distillate stockpiles, which include diesel and heating oil, fell by 2.9 million barrels in the week to 125.12 million barrels, versus expectations for a 2 million-barrel drop, the EIA data showed United States Crude Oil Stocks Change | 1982-2020 Data ... Stocks of crude oil in the United States jumped by 13.834 million barrels in the week ended March 27th 2020, following a 1.623 million rise in the previous week and compared with market expectations of a 3.997 million advance, according to EIA Petroleum Status Report. That was the largest increase since the week ended February 3rd, 2017. Crude Oil Price Forecast: A Leg Higher On Shrinking US ... WTI Crude Oil extends gains by over 2% to the highest level since 2014 on a further drawdown of Crude inventories with stockpiles the lowest since March 2015.
EIA Reports Surprise U.S. Crude Build, Fuel Stockpiles ...
Oil prices were little changed on Wednesday after the U.S. Energy Department's mixed inventory release. The front month West Texas Intermediate (WTI) crude futures lost 0.9% (or 53 cents) to $59 WTI Crude Oil Price Analysis for February 27, 2020 WTI crude oil is on weak footing even though the EIA reported a smaller than expected build in stockpiles. Inventories rose by 0.5 million barrels versus the projected gain of 2.3 million barrels Crude Oil Daily: OPEC, IEA or EIA Completely Wrong in 2020 ... After initial draws in 2017, stockpiles were replenished the following year and then remained essentially flat in 2019. The net result, according to the EIA, is an increase in global oil inventories of 100 million barrels between the start of 2017 and the end of 2019, while …
The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US
Crude oil prices fell lower today after the Energy Information Administration reported a crude oil inventory increase of 1.6 million barrels for the week to November 22. The build in gasoline UPDATE 1-U.S. crude stockpiles rise, fuel demand drops as ... 13 days ago · March 25 (Reuters) - U.S. crude oil stockpiles rose while gasoline and distillate inventories fell last week, but one-week demand for fuels showed its biggest drop since December, the Energy The Effect of Crude Inventories on the Oil Economy