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Crudeoil inventories in the United States saw a large increase of 6.2 million barrels during the week ending March 28, according to new data from the U.S. Crudeoil prices were trading up prior to the crude data release by the U.S. crudeoil inventories amid a small gasoline draw.
The American Petroleum Institute (API) estimated that crudeoil 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.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 million barrel drop in the prior week. million barrels again to 396.4 million barrels in the week ending March 28.
The value of Russian crudeoil exports have sunk in May to the lowest level in over two years, data on shipments and Russian crude prices compiled by Bloomberg showed on Wednesday. million barrels per day (bpd) of crudeoil, In the four weeks to May 25, Russia exported on average 3.39
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose by 4.593 million barrels for the week ending March 14. million-barrel build. So far this year, crudeoil inventories have climbed more than 21 million barrels, according to Oilprice calculations of API data.
crudeoil supply will rise more slowly than expected for the rest of 2025 and in 2026 and peak as early as this year, as WTI benchmark prices below $60 per barrel are testing the breakeven point of shale production, energy flows intelligence firm Kpler said on Monday.
Light crudeoil futures rallied this week, closing Thursday at $63.37 per barrel—up approximately 4.2%—as OPEC+ Holds Course as Saudi Arabia Defends Market Share OPEC+ stuck to its plan of a 411,000 barrel per day increase for July, reassuring traders who feared a steeper hike…
Crudeoil inventories in the United States saw a decrease of 2 million barrels during the week ending May 2, according to new data from the U.S. Crudeoil prices were trading down prior to the crude data release by the U.S. million barrels in U.S. million barrels in U.S.
Crudeoil inventories in the United States saw an increase of 1.7 million barrels during the week ending March 14, according to new data from the U.S. Crudeoil prices were trading down prior to the crude data release by the U.S. crudeoil inventories amid a strong gasoline draw. essentially
Indias crudeoil imports from the United States jumped by 67% in March from a month earlier as Indian refiners scrambled to replace Russian volumes and the U.S. pushed for India and other major trade partners to buy more American energy. Indias U.S.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose 3.76 million barrels in the week ending April 25, after analysts had estimated a much smaller 390,000-barrel build. The API reported a 4.565 million barrel dip in the prior week.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose by 4.287 million barrels in the week ending May 9a shock after analysts had estimated a 2.4-million-barrel million-barrel draw. million barrel inventory decrease in the prior week. The API reported a 4.49
Saudi Arabias crudeoil exports jumped by nearly 500,000 barrels per day (bpd) in February compared to January, the latest data from the Joint Organizations Data Initiative (JODI) showed on Tuesday. Saudi crudeoil production averaged 8.947 million bpd in February, essentially flat compared to the 8.917 million
Global seaborne crudeoil flows rose in March from February, just ahead of the supply increase coming from OPEC+ in April, oil flows tracking data by Bloomberg showed on Wednesday. Global crude exports averaged 39.92
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose by 2.4 million barrels for the week ending April 11. The API estimated a 1.057 million barrel drop in the prior week. Analysts expected a loss of 1.680 million for the week.
Weekly CrudeOil Storage as of May 30, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 4.3 million barrels from the previous week. million barrels, U.S. Gasoline production decreased last week, averaging 9 million barrels per day.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose again, this time by 2.499 million barrels in the week ending May 16 after analysts had estimated a 1.85-million-barrel million-barrel draw. The API reported a 4.287 million barrel inventory increase in the prior week.
Weekly CrudeOil Storage as of May 16, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 1.3 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 16.5 million barrels per day.
Weekly CrudeOil Storage as of May 9, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 4.0 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 16.4 million barrels per day.
Crudeoil inventories in the United States fell by 4.3 million barrels during the week ending May 30, according to new data from the U.S. Crudeoil prices were trading up prior to the crude data release by the U.S. million barrels in U.S. million barrels in U.S. per barrel (+0.27%)
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States fell by 4.6 million barrels for the week ending March 21. million barrels. So far this year, crudeoil inventories have climbed more than 16 million barrels, according to Oilprice calculations of API data.
Turkey has started to diversify its oil supply away from Russia and is buying crude from as far as Brazil after its top refiner limited intake of Russian oil only to G7 price-compliant barrels, Bloomberg reported on Tuesday, quoting data from Vortexa.
Crudeoil inventories in the United States saw an increase of 4 million barrels during the week ending May 9, according to new data from the U.S. Crudeoil prices were trading down prior to the crude data release by the U.S. crudeoil inventories with draws in gasoline and distillate stocks.
Weekly CrudeOil Storage as of March 14, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 1.7 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 15.7 million barrels per day.
Weekly CrudeOil Storage as of May 2, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 2.0 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 16.1 million barrels per day.
Weekly CrudeOil Storage as of April 25, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 2.7 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 16.1 million barrels per day.
Weekly CrudeOil Storage as of April 18, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 0.2 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 15.9 million barrels per day.
Weekly CrudeOil Storage as of April 11, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 0.5 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 15.6 million barrels per day.
Weekly CrudeOil Storage as of April 4, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 2.6 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 15.6 million barrels per day.
Weekly CrudeOil Storage as of March 28, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 6.2 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 15.6 million barrels per day.
Weekly CrudeOil Storage as of March 21, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.3 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 15.8 million barrels per day.
Weekly CrudeOil Storage as of March 7, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.7 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 15.7 million barrels per day.
Weekly CrudeOil Storage as of February 28, 2025 U.S. commercial crudeoil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 3.6 million barrels from the previous week. million barrels, U.S. crudeoil refinery inputs averaged 15.4 million barrels per day.
Crudeoil inventories in the United States saw an increase of 1.4 million barrels during the week ending March 7, according to new data from the U.S. Crudeoil prices were trading up prior to the crude data release by the U.S. crudeoil inventories amid strong product draws.
The price slump in crudeoil that began last week has extended into this one as market players fears about a global recession deepen. At the time of writing, Brent crude was trading at just below $64 per barrel, while West Texas Intermediate was changing hands for $60.54 imports, matching the U.S.
In a market increasingly governed by geopolitical tremors and macroeconomic mismatches, crudeoil dipping below $65 per barrel seems like a gift to global consumers. Even after a brilliant spike on Monday, Brent is still languishing around $65 per barrel, with WTI trailing slightly lower.
Crudeoil inventories in the United States saw a decrease of 2.7 million barrels during the week ending April 25, according to new data from the U.S. Crudeoil prices were trading down prior to the crude data release by the U.S. million barrels in U.S. million barrels in U.S.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States fell 4.565 million barrels in the week ending April 18. million barrel build in the prior week. So far this year, crudeoil inventories are still up more than 19 million barrels, according to Oilprice calculations of API data.
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States fell 4.49 million barrels in the week ending May 2, after analysts had estimated a 2.5-million-barrel million-barrel draw. million barrel inventory hike in the prior week. The API reported a 3.76
Crudeoil inventories in the United States saw a decrease of 3.3 million barrels during the week ending March 21, according to new data from the U.S. Crudeoil prices were trading up prior to the crude data release by the U.S. million barrels in U.S. crudeoil inventories amid a strong gasoline draw.
Crudeoil inventories in the United States saw an increase of 500,000 barrels during the week ending April 11, according to new data from the U.S. Crudeoil prices were trading up in a rare show of strength prior to the crude data release by the U.S. million barrels in
The American Petroleum Institute (API) estimated that crudeoil inventories in the United States rose by 4.247 million barrels for the week ending March 7. million-barrel build. So far this year, crudeoil inventories have climbed nearly 17 million barrels, according to Oilprice calculations of API data.
Crudeoil prices slumped to their lowest level since 2021 after the U.S. At the time of writing, Brent crude was trading at $60.36 per barrel, with West Texas Intermediate at $57.04 per barrel, both down by close to 4% from Tuesdays close. At the time of writing, Brent crude was trading at $60.36
With crudeoil prices dropping into the low $60s per barrel, profitability in the oil and gas industry is under pressure, squeezing cash flows and forcing companies to reassess their capital allocation. As a result, upstream investments are expected to decline.
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