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10 hours ago · Wednesday's EIA report showed that (1) US crude oil inventories as of May 10 were -3.9% below the seasonal 5-year average, (2) gasoline inventories were -1.2% below the seasonal 5-year average ...
1 day ago · “According to the US Energy Information Administration (EIA), domestic inventories of crude oil plunged 2.508 million barrels for the week ending May 10, down from the previous week’s drawdown ...
9 hours ago · Other market forecasters, however, like the International Energy Agency (IEA) and the U.S. Energy Information Administration (EIA), see demand growing by less than half of OPEC's estimates.
1 day ago · US commercial crude oil inventories decreased by 2.5 million barrels to 457 million barrels during the week ending May 10, according to data released by the Energy Information Administration (EIA) late on Wednesday. The EIA inventories showed a stock decline that far exceeded market expectations of a drop of around 400,000 barrels and signaled ...
11 hours ago · Declines in oil and refined product inventories at global trading hubs have also created optimism about demand, reversing a trend of rising stockpiles that had weighed heavily on crude oil prices in previous weeks. [EIA/S] [ARA/] U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm ...
7 hours ago · Oil Prices Climb Ahead of OPEC Output Decision. Crude oil prices gained amid falling inventories and an uncertain economic backdrop, ANZ Bank said in a Friday note. Brent crude rose 0.3% to US$83.55 per barrel and West Texas Intermediate crude edged higher by 0.2% to US$79.38/b at last look early Friday.
8 hours ago · EIA Crude Oil Inventories – Weekly (10:30 AM ET) FOMC Meeting Minutes – May (2:00 PM ET) Thursday, May 23 Chicago Fed National Activity Index – April (8:30 AM ET) S&P Global Flash Manufacturing & Services PMI – May (9:45 AM ET) New Home Sales – April (10:00 AM ET)
