- Joe Barone, Shale Directories
- Blog
- February 26, 2020
Brent under $55, WTI under $50 after latest drops
Brent crude oil fell below $55 a barrel Tuesday, dropping for a third day, as fear of the spread of the coronavirus and its impact on oil demand outweighed Opec+ output cuts and Libyan supply losses, Kallanish Energy finds.- Joe Barone, Shale Directories
- Blog
- February 13, 2020
US crude inventories jump in new EIA survey
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) for the week ended Feb. 7, increased by 7.46- Joe Barone, Shale Directories
- Blog
- February 6, 2020
Venezuela exported 14% less oil in January, stocks still fell
Venezuela’s oil exports declined almost 14% in January from December, but crude oil inventories fell, helping state-run company PDVSA deal with a storage glut accumulated due to U.S.- Joe Barone, Shale Directories
- Blog
- January 13, 2020
Crude slips as investors focus on US inventories
Brent crude oil slipped further towards $65 a barrel on Friday as tensions in the Middle East concerning Iran eased as investors focused on rising U.S.- Joe Barone, Shale Directories
- Blog
- December 5, 2019
US crude stockpiles fall for 1st time in 6 weeks
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) for the week ended Nov. 29, fell by 4.9- Joe Barone, Shale Directories
- Blog
- November 21, 2019
US crude inventories rise for 4th straight week
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) for the week ended No. 15, increased by 1.4- Joe Barone, Shale Directories
- Blog
- November 21, 2019
Crude up on smaller-than-expected US inventory build
Crude oil prices moved into the black Wednesday, reversing two days of losses, following a smaller-than-expected build in U.S. inventories, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- November 15, 2019
US crude inventories continue climbing
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.2 million barrels during the week ended Nov.- Joe Barone, Shale Directories
- Blog
- October 30, 2019
US crude inventories jump
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) for the week ended Oct. 25, increased by 5.7- Joe Barone, Shale Directories
- Blog
- October 29, 2019
Crude oil futures fall, after strong week
Crude oil futures settled lower Monday, falling after last week’s strong climb lifted crude prices to a one-month high, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 17, 2019
Oil rises on hopes Opec+ will extend supply cuts
Crude oil rose Wednesday, due to signs Opec+ producers will agree to continue to curb supplies when they meet in December, a weaker U.S.- Joe Barone, Shale Directories
- Blog
- October 10, 2019
Oil mixed amid military action in Syria, rising inventories
Crude oil prices were mixed Wednesday as Turkey launched an offensive in Syria that could disrupt the region’s crude production, and on hopes of progress in the U.S.-China- Joe Barone, Shale Directories
- Blog
- October 3, 2019
Oil slides as US inventories build
Crude oil prices fell Wednesday after Energy Information Administration data showed a third straight week of higher U.S. crude inventories, adding to worries about an oversupplied market as weak economic data in the U.S.- Joe Barone, Shale Directories
- Blog
- September 12, 2019
US crude oil inventories drop more than expected
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 6.91 million barrels (Mmbbl) during the week ended Sept.- Joe Barone, Shale Directories
- Blog
- August 1, 2019
Oil rises as US crude stocks fall, Fed cuts interest rates
Crude oil prices rose for a fifth day Wednesday following a larger-than-expected drop in U.S. inventories, and after the Federal Reserve cut U.S.- Joe Barone, Shale Directories
- Blog
- June 6, 2019
US crude stockpiles surge 6.8 Mmbbl
U.S. commercial crude oil inventories surged 6.77 million barrels (Mmbbl) in the week ended May 31, the Energy Information Administration reported Wednesday, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- May 30, 2019
Crude drops as trade war worries outweigh supply disruptions
Crude oil prices fell in roller coaster-like trading Wednesday, impacted by equity markets, as China signaled it’s prepared to raise the stakes in the trade war with the U.S.,- Joe Barone, Shale Directories
- Blog
- May 23, 2019
U.S. crude inventories jump surprising 4.7 Mmbbl
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) rose by 4.7 million barrels during the week ended May 17, vs.- Joe Barone, Shale Directories
- Blog
- May 9, 2019
U.S. crude inventories fall by 4 Mmbbl in latest survey
The draw on U.S. crude oil inventories for the week ended May 3, totaled 3.97 million barrels (Mmbbl), vs. a 9.94- Joe Barone, Shale Directories
- Blog
- March 29, 2019
WTI, Brent crudes shrug off Trump’s Opec tweet
Oil prices settled roughly flat Thursday, recovering from the day’s worst losses that came shortly after President Trump called for Opec to boost crude production to lower prices.- Joe Barone, Shale Directories
- Blog
- March 28, 2019
U.S. crude inventories rise by 2.8 Mmbbl
U.S. crude oil inventories for the week ended March 22 (excluding the Strategic Petroleum Reserve), increased by 2.8 million barrels (Mmbbl) from the previous week, according to Energy Information Administration data.- Joe Barone, Shale Directories
- Blog
- March 27, 2019
Crudes rise as supply cuts overcome economic worry
Crude oil rose sharply Tuesday as Opec+ supply cuts and expectations of lower U.S. inventories outweighed concern about weaker demand due to a potential worldwide economic slowdown.- Joe Barone, Shale Directories
- Blog
- March 21, 2019
U.S. crude inventories plunge on strong exports, refining demand
U.S. crude oil inventories last week fell by 9.6 million barrels (Mmbbl), the most in eight months, aided by strong export and refining demand, the Energy Information Administration reported Wednesday.- Joe Barone, Shale Directories
- Blog
- March 11, 2019
Crude falls Friday after anemic U.S. jobs report
Crude oil prices fell last Friday, but managed to recoup most of the losses after plunging on data that showed recent U.S.- Joe Barone, Shale Directories
- Blog
- March 7, 2019
Crude oil prices mixed after U.S. crude inventories surge
Crude oil prices were mixed Wednesday, after government data showed a surge in weekly U.S. crude oil inventories, partly offset by a drop in the nation’s inventories of refined petroleum products.- Joe Barone, Shale Directories
- Blog
- February 14, 2019