Crude Stocks


All posts for Crude Stocks

Analysis: Oil market glut will lead to declining prices through 2020 by Dr. Daniel Fine

With the OPEC-Russia meeting ahead, the price of oil is at a crossroad.  President Trump wants lower prices for gasoline at the pump and the Democratic Party wants a shortage to lift prices higher. This is the 2020 presidential election, to re-elect Trump or a create a Democratic left-center White ...

Will Fine


Posted 5 months agoOpinion > Pioneer Natural ResourcesOccidental PetroleumAnadarko Corporation +97

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Rose 2.5 Million Barrels

NEW YORK – Tightening U.S. crude oil inventories have been supportive for oil futures, but short-term dynamics continue to be dominated by moves in equities and currencies, with traders fixated on economic and political stories, according to an S&P Global Platts preview of this week's pending U.S. ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > United StatesUSEIA +5

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Rose 2.1 Million Barrels

A combination of fewer imports and more exports has pushed more supply away from the U.S. crude oil market, a development that could weigh on prices unless global demand can absorb the additional barrels, according to an S&P Global Platts preview of this week's pending U.S. Energy Information Admin ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > S&P Global PlattsUnited StatesUS +4

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Fell 1.6 Million Barrels

NEW YORK – A busy week on the economic calendar will test whether the risk-on rally that has upended global markets for equities, bonds, currencies -- along with commodities, including oil -- can stay alive, according to an S&P Global Platts preview of this week's pending U.S. Energy Information Ad ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > S&P Global PlattsUnited StatesUS +3

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Fell 425,000 Barrels

NEW YORK (January 16, 2018) – Tightening US crude stocks recently turned NYMEX crude's nearby term structure to backwardation, which could attract even more speculative length into the market and help sustain higher prices, according to a Tuesday S&P Global Platts preview of this week's pending U.S ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > S&P Global PlattsUSUnited States +4

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Fell 3.5 Million Barrels

After rising last week to their highest levels since December 2014, crude oil futures could face selling pressure over the coming weeks from seasonal builds in U.S. crude oil stocks due to refinery maintenance, according to an S&P Global Platts preview of this week's pending U.S. Energy Information ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > EIAS&P Global PlattsCrude Stocks +3