March, 2025

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Oil Rises on Larger Than Expected Crude Draw

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 million barrels for the week ending March 21. million barrels. So far this year, crude oil inventories have climbed more than 16 million barrels, according to Oilprice calculations of API data.

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Oil Prices Surge to Three-Week High on Supply Concerns

OilPrice

oil inventory report by the American Petroleum Institute and expectations of tighter supply on Washingtons double-down on oil sanctions against Iran and Venezuela. per barrel at the time of writing, with West Texas Intermediate at $69.12 million barrels in the week to March 21. Brent crude was trading at $73.13

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Crude Stockpiles Rise, But Gasoline and Distillates See Big Draws

OilPrice

million barrels during the week ending March 7, according to new data from the U.S. Energy Information Administration, rebounding from a slide earlier in the week, even after the American Petroleum Institute (API) reported on Tuesday a build of 4.247 million barrels in U.S. The Brent benchmark was trading

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Crude Oil Inventory Increase Offset by Continued Product Inventory Declines

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.593 million barrels for the week ending March 14. million-barrel build. So far this year, crude oil inventories have climbed more than 21 million barrels, according to Oilprice calculations of API data.

Crude Oil 262
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Oil Prices Rise as the EIA Reports a Decline in Crude and Product Inventories

OilPrice

million barrels during the week ending March 21, according to new data from the U.S. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a draw of 4.6 million barrels in U.S. Crude oil inventories in the United States saw a decrease of 3.3

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Draws in Fuel Stocks Counter Crude Inventory Build

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.247 million barrels for the week ending March 7. million-barrel build. So far this year, crude oil inventories have climbed nearly 17 million barrels, according to Oilprice calculations of API data.

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Oil Prices Perk Up Despite US Crude Oil Inventory Build

OilPrice

million barrels during the week ending March 14, according to new data from the U.S. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a build of 4.593 million barrels in U.S. Crude oil inventories in the United States saw an increase of 1.7

Crude Oil 236