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API Reports Small Builds in Crude, Fuel Inventories – OilPrice.com

U.S. crude oil inventories rose by 509,000 barrels this week for the week ending May 3, according to the American Petroleum Institute (API). Analysts had expected 1.43 million barrels. API reported that crude oil inventories increased by 4.906 million barrels last week. On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in […]

Large Crude Inventory Build Rocks Oil Prices | OilPrice.com – OilPrice.com

Oil prices fell today following the US Energy Information Administration’s announcement. report Inventories increased by 7.3 million barrels for the week ending April 26. By comparison, prices briefly rose last week due to significant demand of 6.4 million barrels the previous week. For gasoline, officials reported that inventories rose by 300,000 barrels last week, compared […]

Caitlin Clark blocks Antonio Brown on social media after crude post

Caitlin Clark had the first block for the Indiana Fever. The women’s basketball superstar had a busy week, attending the WNBA Draft, guesting on “Saturday Night Live” and having an awkward exchange with an Indianapolis sports columnist. And now that week includes blocking former NFL wide receiver Antonio Brown at X. The controversial former Buccaneers […]

Oil Moves Down on Crude Inventory Build – OilPrice.com

Oil prices fell today following the Energy Information Administration’s announcement. report Inventories increased by 2.7 million barrels in the week ending April 12. That compares with the previous week’s hefty 5.8 million barrels of production and an estimated 4 million barrels of production for the week ending April 12, reported by the American Petroleum Institute […]

Gold price up as USDX dips, crude oil gains – KITCO

(Kitco News) – Gold prices were firm in early U.S. trading on Monday, supported by a bullish daily “external market” that predicts a decline in the U.S. dollar index and a slight increase in oil prices. Silver prices have remained mostly stable. Precious metals’ gains are limited to some extent by a slight rise in […]

Surprise Build In Crude Oil Inventories Weigh On Prices – OilPrice.com

U.S. crude oil inventories rose by 483,000 barrels this week for the week ending Jan. 12, after analysts had expected 2.4 million barrels, according to the American Petroleum Institute (API). API reported that crude oil inventories decreased by 5.215 billion barrels in the previous week. On Tuesday, the Department of Energy (DoE) reported that crude […]