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Refining Margins Squeezed as Tepid Demand Casts Shadow Over U.S. Gasoline Market
Oilprice.com via Yahoo Finance· 8 hours agoU.S. gasoline demand falls short of expectations, leading to rising stocks and depressed refining margins, while the potential for a busy hurricane season could further disrupt production.
U.S. Crude Oil Inventories Unexpectedly Jump By 3.7 Million Barrels
RTT News· 6 days agoCrude oil inventories in the U.S. unexpectedly saw a significant increase in the week ended June 7th, according to a report released by the Energy Information Administration on Wednesday. The ...
Oil Gains as Risk-On Mood Outweighs Rising US Crude Inventories
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- Oil rose as risk-on sentiment spurred by cooling US inflation overshadowed an...
Oil prices trim gains after rise in U.S. crude, gasoline inventories
Market Watch· 6 days agoOil futures trimmed gains Wednesday, pulling back from session highs attributed to a...
Bank of America: Oil demand on the rocks
Investing.com via Yahoo Finance· 22 hours agoThis significant inventory build comes after a period of heightened geopolitical tensions that had initially shifted market focus away from fundamentals. BofA analysts...adds ...
US refining margins slump as fuel stocks climb
Reuters· 4 days agoEnergy Information Administration (EIA). Refineries were employing 95% of their operable capacity, up 94% last year, and the highest percentage since...
Oil prices tick higher on US inventory draw; Fed, CPI awaited By Investing.com
Investing.com· 6 days agoInvesting.com-- Oil prices rose in Asian trade on Wednesday, extending gains after industry data...
US oil futures rise after crude stocks fall more than expected By Investing.com
Investing.com· 6 days agoU.S. crude inventories fell by about 2.4M barrels for the week ended Jun. 7, compared with a build...
Gas prices are cheaper than last summer and miles away from the nightmare of 2022
CNN Business via Yahoo Finance· 4 days agoExactly two years ago Friday, gasoline prices peaked at a record of $5.02 a gallon nationally. The...
Exxon Mobil Corporation (XOM): Is this Undervalued Energy Stock a Buy or a Hold?
Insider Monkey via Yahoo Finance· 15 hours agoWe recently compiled a list of the 8 Best Undervalued Energy Stocks To Buy According to Analysts. In...