12 hours ago The American Petroleum Institute (API) estimated on Tuesday a surprise crude oil inventory draw. However, the news wasn't strong enough to 25 Feb 2020 Based on Tuesday price action and the current price at $49.80, the direction of the April WTI crude oil market into the extended close is likely to 10 Mar 2020 Prices of oil jumped on Tuesday to recover some losses from a day prior as the United States crude inventories climbed, according to private Canada’s Husky Energy is the latest North American oil firm to slash spending amid collapsing oil prices, saying that it is reducing its capital budget by US$648 million (C$900… < First < 1 Analysts predicted a smaller draw of 488,000 barrels. Oil prices were trading up earlier on Tuesday afternoon prior to the release of the API data on inventories. At 4:01pm EDT, WTI was trading up 0.55% ( +$0.36) at $65.78 per barrel, with Brent crude trading up 0.37% (+$0.27) at $72.48 per barrel.
API Weekly Crude Oil Stock Discussion Comment Guidelines We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. American Petroleum Institute news coverage on MarketWatch. API is the largest U.S. trade association for the oil and natural gas industry.
17 Dec 2019 Breaking News: Surprise Inventory Draw Fails To Move Oil Markets. 29 Oct 2019 Breaking News: The American Petroleum Institute (API) has estimated a crude oil inventory draw of 1.7-million barrels for Last week saw a large build in crude oil inventories of 4.45 million barrels, according to API data. 1 day ago Guiding May WTI crude oil lower is a steep downtrending Gann angle at $28.82. This angle is moving down $2.00 per day from the March 11 API is the largest U.S. trade association for the oil and natural gas industry. Oil prices extend losses as EIA reports a 7th straight weekly rise in U.S. crude Get the API Weekly Crude Oil Stock results in real time as they're announced and see the is more than expected, it implies weaker demand and is bearish for crude prices. News. Stocks - US Futures Halted; Wall Street Seen Slumping By Sorry, this tool is unavailable at this moment. Please try again shortly. Related Content. News Prices of the American reference for the sweet light crude oil are extending the downside to the area below the $24.00 mark per barrel on Wednesday. Latest Oil
Oil prices were down in afternoon trading prior to the release of the API data on inventories, and not just by a hair. At 4:00pm EDT, WTI was trading down 2.77% ( -$2.08) at $72.88, a more than $2 slip from this time last week. WTI is still trading nearly $3 per barrel higher than three weeks ago as API Weekly Crude Oil Stock Discussion Comment Guidelines We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. American Petroleum Institute news coverage on MarketWatch. API is the largest U.S. trade association for the oil and natural gas industry. API President & CEO Mike Sommers visits Colorado, reaffirms critical role of natural gas and oil industry in state. DENVER, March 5, 2020 – Today, American Petroleum Institute President and CEO Mike Sommers concluded a three-day visit to Colorado, where he reaffirmed the natural gas and oil industry’s commitment to safe, responsible energy development in the Centennial State. Oil’s latest price moves and today’s key news stories driving crude’s action, as well as developments in the broader energy sector. Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice
1 day ago Home · Latest Energy News. Julianne The American Petroleum Institute (API) estimated on Tuesday a surprise crude oil inventory draw of