Tag: US crude stocks

News and Policies, U.S.

US crude stocks down 4.4 million barrels

May 25, 2017

Via: American Energy News

The Energy Information Administration reported on Wednesday that US crude stocks fell for the seventh straight week as refiners processed near record amounts of crude last week. Along with the 4.4 million barrel drop in crude inventories, the EIA reported […]

News and Policies, U.S.

US crude by rail shipments tumble as oil-price spread narrows

August 17, 2016

Via: Petroleum Economist

US shipments of crude by rail have almost halved this year due to the narrowing spread between domestic and international crude prices, new pipelines and declining oil production in the Midwest and Gulf Coast. Between January and May average daily […]