Oil News: Crude Oil Futures Stall at 200-Day MA on Rising Inventory, Easing Risk

WTI crude oil stalls at 200-day MA as EIA inventory build expected. Oversupply battles Iran risk premium; range-bound trade ...
Crude Oil Prices

API Reports Unexpected Crude Oil Inventory Build

The American Petroleum Institute (API) estimated that crude oil inventories in the United increased by 1 million barrels for the week ending January 17. Analysts surveyed by Reuters had expected the ...

Oil News: Futures Rally as Outlook Splits on Iran Risk and Rising Crude Inventory

Crude oil futures rally to $61.83 as traders bet on Iran risk, but rising U.S. inventory and returning supply challenge the ...
Crude Oil Prices

API Reports Large Crude Draw, Major Jump in Fuel Inventories

The American Petroleum Institute (API) estimated that crude oil inventories in the United fell by 4.022 million barrels for the week ending January 3. Analysts had expected a 250,000 barrel draw. For ...