Oil Prices Rise As EIA Confirms Huge Crude Draw
In middle distillates, the EIA estimated an inventory decline of 1.5 million barrels for the last week of June, which compared with a modest draw of 400,000 barrels for the previous week. Middle distillate production averaged 5.1 million barrels daily in the last week of June, which compared with 4.9 million barrels daily for the previous week.
Though oil prices have risen, the average price of a gallon of gasoline stands at $3.49 nationwide, down about five cents ...
Oil prices continued to rise for the third consecutive week. The WTI crude futures contract has gained nearly 8% over the last three weeks – 1% for the week - due to concerns about potential ...
Escalating tensions abroad could push oil prices to roughly $90 per barrel, according to one analyst. Prices weren't too far ...
Gold prices (XAUUSD:CUR) ticked lower on Tuesday, pressured by a firmer U.S. dollar index (DXY), while oil prices edged up on ...
Strong demand from peak driving season and lower OPEC exports are pushing oil prices higher. Increased US travel and ...
OPEC oil output rose in June for a second consecutive month, a Reuters survey found on Tuesday, as higher supply from Nigeria ...
Oil futures edged higher as demand is expected to ramp up in the U.S. ahead of the Fourth of July holiday and as concerns mount over Hurricane Beryl.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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