Tag: US oil inventories

Gasoline Market Tightening In Latest EIA Energy Report

| April 16, 2019 | 0 Comments
Gasoline Market Tightening In Latest EIA Energy Report

Introduction After last week`s surprising build of 7.2 million barrels in the oil market, we were wondering if this was an anomaly, the effects of the shipping channel disruptions, or just a timing issue regarding tanker offloads. Well, we added another 7 million barrels to oil inventories again this week, but gasoline inventories had a […]

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Crude Oil: Tug Of War…

| April 23, 2014 | 0 Comments
Crude Oil: Tug Of War…

Crude bears came out of hibernation yesterday.  After brushing against 6-month highs at $105 a barrel last Friday, West Texas Intermediate (WTI) crude oil spiraled lower by nearly $2 a barrel on Tuesday.  What has this commodity careening lower? Investors are concerned US inventories are on the verge of swelling beyond seasonal norms.  In fact, […]

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