Search Results for: gasoline stockpiles fell

Oil steady after U.S. crude stockpiles drop; traders watch Gulf of Mexico storm

August 24th, 2017 (0)
Oil was steady on Thursday, holding gains from the previous session after another fall in U.S. crude inventories indicated a tighter market, and as a tropical storm was heading for oil producing facilities in the Gulf of Mexico. Brent ...

Oil Hits Three-Month High on Gasoline Demand

March 10th, 2016 (0)
Oil prices surged to a three-month high Wednesday after government data showed demand for gasoline and diesel fuel was far higher than even bullish expectations. The U.S. Energy Information Administration said gasoline stockpiles fell last week three times as ...

Oil down more than 3% as U.S. crude stockpiles rise 6 straight weeks

November 5th, 2015 (0)
EIA reports 2.8 million-barrel weekly climb in crude supplies Oil futures lost more than 3% on Wednesday as U.S. government data showed that crude inventories rose for a sixth week in a row. Strength in the dollar added to ...

West TX Oil Near $102 on Gasoline Supply

July 10th, 2014 (0)
West Texas Intermediate fell for a 10th day, the longest losing streak on record, after government data showed U.S. gasoline stockpiles expanded amid reduced demand in the world’s biggest oil user. Brent dropped in London. Futures declined as much ...

Oil prices rose on Thursday

June 22nd, 2017 (0)
Oil prices climb off 10-month lows as U.S. stockpiles drop Oil prices rose on Thursday after U.S. crude and gasoline stockpiles fell, but worries over whether OPEC-led output cuts would be able to rein in a three-year glut continued ...

Oil Prices Post Largest Gain in Nearly Two Months

October 29th, 2015 (0)
Prices rise on new option to send U.S. oil to Mexico and smaller-than-expected stockpile addition The benchmark U.S. oil price soared to its largest gain in two months, as traders rushed to close bearish bets following news that the ...

Oil prices dropped; OPEC meets on Nov. 30

November 16th, 2017 (0)
Oil prices dropped on Wednesday after the U.S. government reported an unexpected increase in crude and gasoline stockpiles, but an increase in refining runs and a drawdown in distillates helped prices bounce off session lows. Prices also remained under ...

Oil hovers near four-week high

October 25th, 2017 (0)
Brent crude, the global benchmark, was up 8 cents at $58.41 a barrel by 0437 GMT, after settling on Tuesday up 96 cents, or 1.7 percent. U.S. West Texas Intermediate crude was trading down 4 cents at $52.43. Saudi ...

Oil falls for third day

August 9th, 2017 (0)
Oil falls for third day as doubts over OPEC cuts linger Crude futures fell for a third day on Wednesday despite a bigger than expected fall in U.S. oil inventories reported by an industry group, with doubts lingering over ...

Oil prices pinned down by strong dollar, supply worries

June 9th, 2017 (0)
Oil prices were little changed on Friday, clawing back earlier declines, amid a variety of market impacts including a rising dollar as returns from the U.K election came in and concerns the ongoing concerted effort by Middle Eastern and ...
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