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US Crude Oil Inventories See Another Sharp Draw  

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again, this time by 4.277 million barrels in the week ending June 20 after analysts had estimated a much more conservative 600,000-barrel draw. So far this year, crude oil inventories are up 3.3

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Surprise Crude Oil Inventory Build Ends 5-Week Draw Streak

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose this week, this time by 680,000 barrels in the week ending June 27 after analysts had estimated a 2.26-million-barrel million-barrel draw. Earlier this week, the…

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Oil Jumps on Significant Crude, Product Inventory Slide

OilPrice

Crude oil inventories in the United States fell by 5.8 Crude prices were trading up ahead of the report. Crude prices were trading up ahead of the report. million barrels during the week ending June 20, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday.

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Oil Prices Take a Breather Ahead of OPEC+ Boost

OilPrice

Crude oil prices stabilized today as traders anticipate yet another 411,000-bpd boost in OPEC+ supply to be announced at the end of this week when the group meets, with downward pressure coming from the latest weekly U.S. The unexpected build pressured oil prices despite the cumulative build from the previous month.

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U.S. Crude Inventories Post Massive Draw of 11.5M Barrels

OilPrice

Crude oil inventories in the United States fell by 11.5 Crude prices were mixed ahead of the report amid broader macro signals. Crude prices were mixed ahead of the report amid broader macro signals. million barrels during the week ending June 13, according to new data from the U.S.

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Crude Oil Inventories Slip But Prices Eyeing Tariff Fears

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in the prior week. million barrels again to 396.7 million barrels in the week ending April 4. million barrels again to 396.7

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Gasoline, Distillate Builds Spook Oil Markets

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again this week, this time by 370,000 barrels in the week ending June 6 after analysts had estimated a 700,000-barrel build. The API reported a 3.3 million barrel inventory decrease in the prior week.