Tag: oil stockpiles

Oil Stockpiles Increased by 5.5MB– May 31

In this week’s petroleum and oil weekly report by the Energy Information Administration, there is an analysis of the changing patterns in the U.S crude oil imports. The total U.S oil stockpiles increased during last week by 5.5 million bl.…

Oil Prices – Daily Outlook August 3

Crude oil prices continued to fall yesterday, but will this trend continue?  Today, the U.S. non-manufacturing PMI report will be published, and the EIA petroleum report. Here’s a short analysis and outlook of the crude oil market for today, August…