US Crude Inventories

Oil Sinks on Higher US Crude Inventories

August 10, 2023

By Adedapo Adesanya Oil fell on Wednesday as higher US crude inventory and sluggish economic data from China raised concerns about global fuel demand,

Economy

US Crude Inventories Draw, Cut in Russian Gas Boost Oil Prices

July 28, 2022

Adedapo Adesanya

By Adedapo Adesanya Oil prices settled higher by more than $2 on Wednesday as a report of lower crude inventories in the United States

Economy

Oil Continues Fall as US Crude Inventories Rise

September 30, 2021

Adedapo Adesanya

By Adedapo Adesanya Oil prices edged lower on Wednesday after crude inventories in the United States rose by more than anticipated, according to data

Economy

Crude Oil Rises Despite Increase in US Crude Inventories

March 11, 2021

Adedapo Adesanya

By Adedapo Adesanya Crude oil prices overlooked unpleasant news from the United States’ Energy Information Administration (EIA) which showed that there was another high

Economy

Oil Extends Bullish Run as US Crude Inventories Drop

November 26, 2020

Adedapo Adesanya

By Adedapo Adesanya Crude oil prices continued their bullish run on Wednesday, November 25 after the Energy Information Administration (EIA) reported a crude oil

Economy

Oil Sells $44/b Despite Build in US Crude Inventories

November 19, 2020

Adedapo Adesanya

By Adedapo Adesanya Crude prices continued to trade higher with the Brent gaining 61 cents or 1.39 per cent to sell for $44.36 per

Economy

Possible Drop in US Crude Inventories Lift Prices

September 23, 2020

Adedapo Adesanya

By Adedapo Adesanya The prices of oil futures pointed north on Tuesday as data indicated expectations of a second straight weekly decline in the

Economy

Unexpected Rise in US Crude Inventories Lowers Oil to $63

November 28, 2019

Adedapo Adesanya

By Adedapo Adesanya Oil shed earlier gains at the global market on Wednesday as prices tumbled following the details that US crude inventories recorded

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