16.3 C
London
Thursday, September 28, 2023
HomeOil Unmoved After EIA Reports Small Crude Build
Array

Oil Unmoved After EIA Reports Small Crude Build

Date:

Related stories

Oil Giants Embrace Exploration Revival

Spending on oil and gas exploration is recovering from the pandemic lows as the energy security push is prompting companies to look for lower-cost barrels with a more disciplined capex approach, which makes the hunt for new advantaged resources more at...

Microsoft Eyes Nuclear Energy To Power Its Massive AI Ambitions

Bill Gates has been one of nuclear energy’s staunchest and most vocal advocates for years now. "Nuclear energy, if we do it right, will help us solve our climate goals," Gates told ABC News earlier this year. "That is, get rid of the greenhouse gas emi...

Watch: Biden Tells People To Stop Questioning COVID Shots

Watch: Biden Tells People To Stop Questioning COVID Shots Authored by Steve Watson via Summit News, In remarks made Wednesday, Joe Biden argued that people, including potential “leaders” should stop saying “inflammatory things” about COVI...

Banks’ Demands For Fed’s Emergency Funds Remains Near Record Highs As Retail Money-Market Fund Inflows Continue

Banks' Demands For Fed's Emergency Funds Remains Near Record Highs As Retail Money-Market Fund Inflows Continue After an unusual outflow last week, US money market funds saw a $6.3BN inflow this week, back up close to record highs... So...

EMERGENCY Podcast | Presidential Debate Recap

In this emergency podcast, Patrick, Adam, and Vinnie will react to the second GOP presidential debate. They will discuss the […] The post EMERGENCY Podcast | Presidential Debate Recap first appeared on Valuetainment.
Crude oil prices saw a minor increase today when the U.S. Energy Information Administration reported an oil inventory build of 500,000 barrels for the week to January 20. The latest change in inventories compared with two sizeable weekly builds—one of 8.4 million barrels for the second week of January and a 19-million-barrel one for the first week of the month. At 448.5 million barrels, crude oil inventories in the United States are 3 percent above the five-year average for this time of year. Fuels, meanwhile, showed mixed directions in inventory…

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here