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- Category: Oil & Energy
EIA reported crude oil storage build of 1263k bbls and another build in gasoline of 513k bbls last week. Cushing inventories had a large build with production remaining at 11.9 mbpd ATH.
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- Category: Oil & Energy
Cold weather continues to envelop the U.S. with the Polar Vortex breaking records Last week the EIA reported a draw of - 173 Bcf in natural gas storage .Meanwhile Mexican exports near record high as we watch LNG shipments.
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- Category: Oil & Energy
EIA reported crude oil storage build of 919k bbls and another build in gasoline of 2235k bbls last week. Cushing inventories had a small draw with production remaining at 11.9 mbpd ATH.
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- Category: Oil & Energy
U.S. oil rigs in service rose 10 this week, 26 off cycle high as U.S.oil production held at the all time high 11.90 million bpd. US Natural gas rigs fell 1. Oil rigs rose 18 in Canada and natural gas 5 with the freezing weather.
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- Category: Oil & Energy
EIA reported a huge crude oil storage build of 7970k bbls and another big build in gasoline of 4050k bbls. Cushing inventories drew with production remaining at 11.9 mbpd ATH.
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- Category: Oil & Energy
Cold weather continues to envelop the U.S. Last week the EIA reported a draw of - 163 Bcf in natural gas storage with weather models continuing to be confused. Meanwhile Mexican exports near record high as we watch LNG shipments.
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- Category: Oil & Energy
The US has been gaining LNG export share after Australia and Qatar with Houston based Cheniere Energy the leading American exporter from Sabine. We monitor price, weather, political affects affecting US liquid natural gas and for global demand.
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- Written by TradersCom
- Category: Oil & Energy
The EIA reported a draw of - 81 Bcf in natural gas storage last week with weather models continuing to be confused. Meanwhile Mexican exports near record high as we watch LNG shipments.
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- Category: Oil & Energy
The OPEC Monthly Oil Market Report (MOMR) for January released Thursday provides OPEC's outlook for crude oil market developments for the coming year with key developments impacting oil market trends in world oil demand and supply.
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- Category: Oil & Energy
EIA reported a draw in crude oil with big builds in gasoline and distillates last week. Cushing inventories drew with production at 11.9 mbpd another ATH. Crude oil futures volatilty continued with WTI options expiration.
