U.S. Crude Oil Stockpiles Rise For 3rd Straight Week

U.S. Crude Oil Stockpiles Rise For Third Straight Week
U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three months, according to data released by the U.S. Energy Information Administration.
Oil prices down 1% as US crude stocks rise, hawkish Fed comments weigh
Oil prices fell more than 1% a barrel on Wednesday, on track to end three days of gains after data showed U.S. crude stockpiles rose by more than expected last week, and hawkish remarks from the Federal Reserve chair.
Oil Prices Drop As EIA Shows Crude Inventories Continue to Climb
Crude oil inventories in the United States saw a build of 4.1 million barrels during the week ending February 7
Crude Futures Retreat as U.S. Inventories Rise
Oil futures backed off from a three-session rally as U.S. crude inventories posted another large weekly build, President Trump and Russia's Vladimir Putin agree to start negotiations toward ending the Russia-Ukraine war,
Oil prices fall on rising US crude stocks, hawkish Fed comments
Oil prices fell 1% on Wednesday, ending three days of gains, as industry sources pointed to rising U.S. crude stockpiles and hawkish remarks from Fed Chair Jerome Powell that signalled slower rate cuts this year.
Oil prices end lower as U.S. crude supplies climb for a third week in a row
Oil futures posted their first loss in four sessions on Wednesday after official U.S. data revealed a third straight weekly climb in U.S. crude supplies.
US oil futures dip after API inventory shows large jump in weekly crude stocks
Crude Oil WTI Futures, the U.S. benchmark, recently traded at $73.17 a barrel following the report after settling up 1% at $73.32 a barrel.
Oil prices retreat after report of U.S. crude stockpile rise
Oil prices edged down on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on sentiment, though stronger refining margins limited the market's downside.
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Oil (WTI) Price
1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 532.50 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.72 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) ...
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US crude stockpiles build on ongoing refinery maintenance, EIA says
U.S. crude oil inventories rose last week as refinery maintenance continued, while gasoline stockpiles posted a surprise draw ...
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Macquarie Strategists Forecast US Crude Inventory Build of Over 7MM Barrels
Macquarie strategists are forecasting that U.S. crude inventories will be up by 7.2 million barrels for the week ending ...
US sanctions strand Iran, Russia oil on tankers, driving up crude costs
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...
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Nigeria’s crude production drops 30,000bpd in January
Nigeria’s crude oil production dropped by 30,000 barrels per day (bpd) in January to 1.495 million (bpd), falling short of ...
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Nigeria’s Oil Production Drops to 30,000bpd in January, Missing OPEC Quota
The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria's crude oil production declined, falling ...