EIA data show an unexpected weekly climb in U.S. crude supplies Myra P. Saefong The Energy Information Administration on Wednesday reported that U.S. crude supplies rose by 5.4 million barrels for the week ended May 10. Analysts and traders expected a fall of 1.4 million barrels, on average, according to a survey by The Wall Street […]
Today’s U.S. Energy Information Administration (EIA) inventories report, due to be released at 14:30 GMT, should set the tone today. Traders are looking for a 1.3 million barrel build. — Read on www.fxempire.com/forecasts/article/oil-price-fundamental-daily-forecast-prices-weaken-after-api-reports-surprise-build-eia-on-tap-571873Read more "Oil Price Fundamental Daily Forecast – Prices Weaken After API Reports Surprise Build, EIA on Tap"
The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 3.1 million barrels for the week ended April 12, according to… — Read on www.marketwatch.com/story/oil-prices-edge-up-api-data-reportedly-show-an-unexpected-decline-in-us-crude-supply-2019-04-16Read more "Oil prices edge up; API data reportedly show an unexpected decline in U.S. crude supply – MarketWatch"
The U.S. oil and gas industry is praised by supporters for boosting America to the forefront of global production and attacked by critics who blame it for sowing doubt about the scientific… — Read on apnews.com/132936c2afcb4f44bc3eb01f05b9156dRead more "CEO of oil group sees no slowdown in US production"
The American Petroleum Institute’s president blamed rising U.S. carbon emissions in 2018 – after years of declines – on increasing energy demand from a strong economy and on pipeline shortages in areas like West Texas’ booming Permian Basin. API President and CEO Mike Sommers instead focused on how record-high U.S. oil and gas production is […]Read more "API: U.S. must grow oil and gas while reducing emissions – HoustonChronicle.com"
Colorado voters rejected Proposition 112 in the state’s first referendum on oil and gas setbacks. Results as of late Tuesday stood at 43 percent in favor and 57 percent against. It fared better in Larimer County, with 47 percent of the vote in unofficial results Tuesday evening. The measure needed 50 percent to pass. Had Proposition 112 […]Read more "Colorado election: Proposition 112, which would have increased oil and gas setbacks, fails"
WASHINGTON, Oct 11 (Reuters) – A coalition of U.S. business groups fighting President Donald Trump’s trade tariffs has launched an advertisement aimed at telling voters ahead of the midterm elections that the measures are costing American businesses and consumers $1.4 billion a month. The group says that in Michigan, a state with several competitive elections […]Read more "U.S. business group says Trump China tariffs cost $1.4 bln/month | Reuters"
The Energy Information Administration reported Wednesday that domestic crude supplies rose by 8 million barrels for the week ended Sept. 28–the largest weekly climb year to date. The previous week’s increase of 1.9 million barrels had followed five consecutive weeks of declines. Analysts surveyed by S&P Global Platts had forecast an increase of 2.76 million […]Read more "EIA reports largest weekly rise of the year for U.S. crude supplies – MarketWatch"
U.S. oil prices extended their rally into the electronic trading session Tuesday after the American Petroleum Institute reported that U.S. crude supplies dropped by 8.6 million barrels for the week ended Sept. 7, according to sources. The API data, however, showed supplies of gasoline up 2.1 million barrels and distillate stockpiles climbed by 5.8 million […]Read more "API data reportedly show a hefty decline in last week’s U.S. crude supplies – MarketWatch"
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