US oil inventories News

Significant Drop in US Oil Inventories: A 4.6M Barrel Decrease Sparks Market Interest

The American Petroleum Institute reports a 4.6 million barrel decrease in US crude oil inventories for the week ending March 25, alongside declines in distillates, gasoline stockpi...

Surprising Surge: US Oil Inventories Jump by 4.6 Million Barrels, What's Next?

Recent data from the American Petroleum Institute shows a significant increase in US crude oil inventories, with a rise of 4.593 million barrels. Meanwhile, distillates and gasolin...

Unexpected Surge: US Oil Inventories Jump by 4.2M Barrels, Raising Market Eyebrows

The US crude oil inventories unexpectedly rose by 4.2 million barrels in early March, exceeding expectations. Gasoline stocks fell, while distillates increased slightly. Cushing re...

US Oil Inventories See Significant Drop: A Closer Look at the Latest API Report

The latest API report reveals a 1.45M barrel drop in US crude oil inventories, alongside mixed changes in distillate and gasoline stocks, and a notable increase in Cushing, Oklahom...

Surprising Surge: US Oil Inventories Jump by 9.043 Million Barrels

The US witnessed a significant 9.043 million barrel increase in crude oil inventories for the week ending February 7, alongside shifts in distillate and gasoline supplies, and a ri...

US Oil Reserves Surge: A Million Barrel Increase Stirs Market Speculations

The United States has seen a notable increase in its crude oil, distillate, and gasoline inventories, with Cushing, Oklahoma, also reporting a rise in reserves. This development co...

Unexpected Drop: US Oil Inventories Decrease by 2.6M Barrels, Signaling Market Shifts

US crude oil inventories unexpectedly dropped by 2.6 million barrels last week, while distillate and gasoline stockpiles saw significant increases. Cushing, Oklahoma's reserves als...

Surprising Drop in US Oil Inventories: A Closer Look at the Numbers

The United States saw a smaller-than-expected decrease in crude oil inventories by 1.44 million barrels for the week ending December 27. Cushing reserves and gasoline inventories r...

US Oil Inventories Drop Sparks WTI Surge: What's Next for Oil Prices?

Oil futures prices surged on Wednesday following a reported 0.9 million barrel decrease in US oil inventories, sparking supply concerns and driving WTI and Brent prices higher.

US Crude Oil Inventories Rise Slightly Less Than Expected

US crude oil inventories increased by 499,000 barrels, slightly less than expected, according to API data. Cushing reserves declined, while gasoline and distillate reserves rose.