US crude stocks rise but gasoline and distillate inventories fall, EIA data
In the week ended Sept 25, US crude inventories rose by 922,000 barrels to 427.3 million; gasoline stocks fell to 204.4 million and distillates to 105.2 million, EIA said.
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In the week ended Sept 25, US crude inventories rose by 922,000 barrels to 427.3 million; gasoline stocks fell to 204.4 million and distillates to 105.2 million, EIA said.
US crude inventories increased by 922,000 barrels to 427.3 million barrels last week, while gasoline and distillate inventories decreased, according to the Energy Information Administration. Analysts had anticipated a different outcome for crude inventories.
Brent was down 0.2% at $102.43 a barrel and headed for a monthly gain of around 13%, its biggest since July. Goldman Sachs estimated Gulf oil exports recovered to 23.3 million barrels per day over the last week.
Brent and WTI rose after Trump denied he was willing to ease sanctions on Iran, while Qatar said it hopes shuttle diplomacy can lead to a breakthrough. Brent was on track for a 14% monthly gain and oil shipments through Hormuz were the highest since February.
US crude oil and gasoline inventories rose, while distillate stocks fell last week, market sources said on Tuesday, citing data from the American Petroleum Institute.Crude stocks rose by 1.02 million barrels in the week ended September 25, the sources said, on the condition of anonymity.Gasoline st…
NEW DELHI, Sept 24 (Reuters) — Asia's naphtha prices rose on Thursday, in line with crude oil benchmarks, as supplies from the Middle East remained scarce, traders said. The price for first-half November cargo rose by $11.50 to about $927 per metric ton. The crack for naphtha declined to about $131 per ton over Brent c
US OIL: September 23- Americas Midday Oil Summary: Crude Rises WTI Crude has risen as earlier optimism around US-Iran diplomatic efforts has eased following more hardline rhetoric from Iranian officials in recent hours, though eased back from daily highs after a senior Iranian official told Reuters that Tehran was revi
U.S. crude stocks rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday.Crude inventories rose by 3 million barrels to 426.4 million barrels in the week ended September 18, the EIA said, compared with analysts' expectations in a Reute…
US crude oil inventories rose, while gasoline and distillate stocks fell last week, market sources said on Tuesday, citing data from the American Petroleum Institute.Crude stocks rose by 1.8 million barrels in the week ended September 18, the sources said, on the condition of anonymity.Gasoline and…
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In the week ended September 11, EIA reported US crude inventories down 640,000 barrels to 423.4 million, while gasoline and distillate inventories increased.
EIA data shows US crude stocks rose while gasoline and distillate inventories fell, supporting sentiment around WTI crude oil futures.