US Gasoline Inventories Rise 3.9 Million Barrels
US EIA gasoline inventories rose 3.9 million barrels in the latest week, versus market expectations for a decline.
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US EIA gasoline inventories rose 3.9 million barrels in the latest week, versus market expectations for a decline.
US gasoline futures rose to around $3.15 per gallon after hitting a seven-week low in the previous session, as persistent supply risks offset prospects for improved fuel availability. Unconfirmed reports of a proposal to revive talks between Iran and the US had pressured prices, while the US Energy Department said it w
By Anna Szymanski Oct 16 (Reuters) — Every Friday, Reuters Open Interest (ROI) distills the financial week into five key charts, spotlighting the major trends, surprises and overlooked moves that defined the past five days. 1. Ai Dominance JAMIE MCGEEVER, ROI Markets Columnist: What goes up must... keep going up? That
HOUSTON, Oct 7 (Reuters) — US crude stocks and distillate inventories fell while gasoline inventories rose last week, the Energy Information Administration said on Thursday. Crude inventories fell by 8.6 million barrels to 415.6 million barrels in the week ended October 9, the EIA said, compared with analysts' expectat
(Repeats POLL originally publsihed on October 14, no changes) Oct 14 (Reuters) — US crude oil stockpiles were expected to have fallen last week alongside product inventories, an extended Reuters poll showed on Wednesday. Nine analysts polled by Reuters estimated, on average, that crude inventories fell by about 300,000
(Adds details from API data in paragraphs 6-8) Oct 14 (Reuters) — US crude oil stockpiles were expected to have fallen last week alongside product inventories, an extended Reuters poll showed on Wednesday. Nine analysts polled by Reuters estimated, on average, that crude inventories fell by about 300,000 barrels in the
(.) Oct 14 (Reuters) — US crude oil stockpiles were expected to have fallen last week alongside product inventories, an extended Reuters poll showed on Wednesday. Nine analysts polled by Reuters estimated, on average, that crude inventories fell by about 300,000 barrels in the week ended October 9. The poll was conduct
Oct 12 (Reuters) — US crude oil stockpiles were expected to have risen last week while product inventories are likely to have fallen, a preliminary Reuters poll showed on Monday. Three analysts polled by Reuters estimated, on average, that crude inventories rose by about 1.9 million barrels in the week ended October 9.
US gasoline futures rose above $3.30 per gallon, gaining for the second straight session, as a storm in the Gulf of Mexico threatened to disrupt refinery operations. Refineries in US Gulf states account for about half of US refining capacity, which stands at 18.2 million barrels per day. Meanwhile, continued attacks in
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.
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