EIA weekly crude oil inventories +1745K vs +512K expected
Prior was +1448K Gasoline +1745K vs -5737K expected Distillates -2812K vs -1559K expected Refinery utilization +0.4% vs -0.6% expected Private oil data released late yesterday:...
Tag : Crude
U.S. Crude Oil Inventories Increase More Than Expected
Crude oil inventories in the U.S. increased by more than expected in the week ended March 14th, according to a report released by the Energy...
Crude Oil Forecast Today 18/03: Sees a Ceiling (Chart)
Created on March 18, 2025 The Light Sweet Crude market continues to see a lot of noise just above, and although we are in a...
Crude Oil Technical Analysis – Growth concerns remain in the spotlight
Fundamental Overview Crude oil has been under some strong pressure lately as a mix of negative supply and demand drivers weighed on the market. In...
Chart Art: WTI Crude Oil (USOIL) Is Testing a Major Support Zone
U.S. crude oil prices look ready to bounce from a key support zone. Will the Black Crack see upswings in the next few days? We’re...
Goldman Sachs: Brent crude decline driven by shift in market focus – softer US growth eyed
Brent crude oil prices have experienced a notable decline, falling from over $80 per barrel in mid-January to around $70 per barrel, despite relatively stable...
Crude Oil Weekly Forecast – 16/03: Slight Bounce (Chart)
By Robert Petrucci Fact-checker Justin Paolini Created on March 16, 2025 WTI Crude Oil has become a speculative delight for traders seeking to take advantage...
Crude Oil Technical Analysis – A mix of bearish drivers sent prices to cycle lows
Fundamental Overview Crude oil has been under some strong pressure lately as a mix of negative supply and demand drivers weighed on the market. In...
US crude oil futures settled $66.55
Crude oil futures settled down $-1.13 or -1.67% at $66.55. The low price reached $66.40. The high price reached $67.91. IEA forecasts global oil demand...
Brent Crude Update – Oil Prices Rally as EIA Reduces Oil Surplus Estimates
Brent crude prices are rising due to lower-than-expected U.S. oil and fuel supplies and revised EIA forecasts for smaller oil surpluses in 2025 and 2026....