Stockpiles

A pumpjack drills for oil in the Monterey Shale

Oil rises on reported US crude inventory draw, expected OPEC cut

19/10/2016(0)
Oil prices rose early on Wednesday, pushed up by a report of a fall in U.S. crude inventories and an OPEC statement saying a planned production cut was achievable, ... Read More
High-gas-prices

Oil prices fall on higher OPEC output, rise in U.S. crude stocks

13/10/2016(0)
Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S. ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Oil Falls to Two-Week Low as U.S. Supply Gain Seen, Dollar Rises

31/08/2016(0)
Crude stockpiles climbed 1.3 million barrels: Bloomberg survey Commodities drop, dollar rises to one-month high versus peers Oil dropped to a two-week low before a government report that’s projected ... Read More
shale drillers

Shale Drillers Add Oil Rigs for Longest Streak in a Year

08/08/2016(0)
Permian Basin oil rigs rise by 5, Eagle Ford adds 4 rigs U.S. oil producers bring back rigs for sixth consecutive week U.S. oil drillers added rigs for the ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil futures up slightly, face weekly decline as glut fears persist

22/07/2016(0)
Crude oil futures eased on Friday, extending big falls in the previous session as investors reassessed U.S. data underlining the glut in petroleum, while Iraqi crude exports are also ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Crude oil futures mixed before U.S. inventory report

20/07/2016(0)
Oil futures were mixed on Wednesday with Brent posting limited gains and U.S. crude trading sideways in advance of the release of official weekly inventory figures later in the ... Read More
Brent crude

Oil prices stable as brimming storage counters supply disruptions

10/05/2016(0)
Oil prices were steady on Tuesday as brimming inventories and a looming refined products glut offset supply disruptions in Canada and elsewhere that have taken more than 2 million ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

World’s Top Traders Say the Worst Is Over for Oil

13/04/2016(0)
CEOs from Gunvor, Mercuria and Trafigura predict higher prices Oil traders expect “tougher” 2016 after boom times last year Top executives at the world’s largest oil-trading houses said the ... Read More
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