Tag: Crude stocks

Commercialization, Conventional Fuels

Oil rebounds from 2-month lows, outlook volatile

July 8, 2016


Oil prices rebounded on Friday, bouncing off two-month lows hit in the previous session when prices fell 5 percent on news that the U.S. weekly crude draw missed some forecasts. Traders said that the outlook looked volatile as a refined […]

Chemical, Conventional Fuels

Fewer imports, higher refinery runs prompted lower US crude oil inventories

June 30, 2016

Via: American Energy News

US¬†Energy Information Administration data Wednesday showed that a reduction in US crude oil imports and an increase in refinery utilization pulled more crude out of storage during the latest reporting week, according to S&P Global Platts. US commercial crude oil […]