oil inventories

Results 1 - 10 of about 18 news for the tag: oil inventories.

Oil and Gas Supplies Dropped Last Week

June 19th, 2008

Crude-oil inventories fell last week for the fifth straight week, while gasoline stockpiles unexpectedly dropped.
For the week ended June 13, crude-oil inventories fell by 1.2 million barrels, or 0.4 percent, to 301 million barrels — 14.2 percent below year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.
Analysts expected a larger draw [...]

Oil Supplies Down More Than Expected

June 12th, 2008

Crude oil inventories fell by 4.6 million barrels last week to 302.2 million barrels — 13.5 percent below year-ago levels, the Energy Department’s Energy Information Administration (EIA) said in its weekly report.
Analysts expected a draw of only 1.4 million barrels, accorgding to a survey by Platts, the energy research arm of McGraw-Hill Cos.
Gasoline inventories rose [...]

Crude Supply Drop Surprises Analysts

June 5th, 2008

Crude-oil inventories dropped last week for the third straight period, down by 4.8 million barrels to 306.8 million barrels — 11.8 percent below year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.
Analysts expected a gain of 2.7 million barrels, according to a survey by Platts, the energy research arm of McGraw-Hill [...]

Crude Supplies Fall as Tankers Back Up

May 30th, 2008

Crude-oil inventories fell unexpectedly last week for the second straight period. But government data suggests it is probably not because demand has risen, and that helped push crude prices down.
For the week ended May 23, crude-oil inventories shrank by 8.8 million barrels, down 2.7 percent from the previous week, to 311.6 million barrels, the Energy [...]

Drop in Crude Supplies Catches Analysts by Surprise

May 22nd, 2008

Crude-oil inventories fell unexpectedly last week after four straight weeks of gains.
For the week ended May 16, crude-oil inventories dropped by 5.4 million barrels to 320.4 million barrels, which is 6.5 percent below year-ago levels, the Energy Department’s Energy Information Administration (EIA) said in its weekly report.
Analysts expected a gain of 900,000 barrels, according to [...]

EIA Says Gasoline Supplies Fell More Than Expected

May 15th, 2008

In its weekly report, the Energy Department’s Energy Information Administration (EIA) said gasoline inventories fell by 1.7 million barrels, or 0.8 percent, to 210.2 million barrels last week — 5.9 percent above year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.
Analysts expected stockpiles of gasoline to fall by only 800,000 barrels, [...]

Buyers Back in the Oil Pit

March 27th, 2008

Oil prices soared more than $4 a barrel as lower-than-expected fuel inventories and another dollar drop brought buyers out in force for the first time in a week.
Light, sweet crude for May delivery rose $4.68 to settle at $105.90 a barrel on the New York Mercantile Exchange.
The Energy Department’s Energy Information Administration (EIA) said gasoline [...]

Oil prices steady below $68 a barrel in Asia

June 27th, 2007

Oil prices were steady in Asia Wednesday as traders awaited the release of a U.S. government inventory report expected to show increases in supplies of crude, gasoline and distillates.
Light, sweet crude for August delivery lost 6 cents to $67.71 a barrel in Asian electronic trading on the New York Mercantile Exchange, midmorning in Singapore. [...]

Area gas drops about a nickel to $2.68 range

April 6th, 2007

Louisville-area gasoline prices were about a nickel per gallon lower yesterday as oil prices held above $64 per barrel despite news of Iran’s release of 15 British sailors.
The U.S. government reported yesterday that the nation’s gasoline inventories declined for the eighth week in a row and that demand is still strong. That helped push wholesale [...]

Oil prices hover above $59 a barrel

February 22nd, 2007

Oil prices slipped but remained above $59 a barrel Thursday ahead of a U.S. government report that is expected to show crude oil inventories rose last week.
Traders were also watching developments in the Middle East, with the stage being set for a fresh showdown between Iran and Western powers over the nation’s nuclear program.
Light, sweet [...]


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