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Weak US gasoline demand compounds pressure on oil ahead of OPEC+ meet
Reuters· 1 day agoThe U.S. gasoline market is flashing signs of weakness at the start of summer driving season, a time...
API Reports Significant Draw in Crude Oil Inventories
Oilprice.com via Yahoo Finance· 3 days agoInventories are now at 369.3 million barrels, well below the 656 million barrels in inventory in...
Oil Falls After U.S. Gasoline Inventories Build, Disappointing China Data
Barrons.com· 2 days agoOil prices extended recent losses following an unexpected build in U.S. gasoline inventories and...
U.S. Crude Oil Stocks Fall More Than Expected
The Wall Street Journal· 2 days agoU.S. crude oil inventories fell by more than expected last week, and gasoline stocks increased as refineries stepped up their capacity use, according to...
Oil falls as Fed policymakers look to maintain rate cuts, gasoline stocks rise
CNBC· 2 days agoOil prices fell early on Friday as investors responded to comments from U.S. Fed officials who said...
US crude stocks fall, fuel inventories climb as refining picks up, EIA says
Reuters· 2 days agoU.S. crude oil inventories decreased while fuel stockpiles rose last week, as refining activity...
Oil Slides as EIA Reports Crude Inventory Decline, Fuel Builds
Oilprice.com via Yahoo Finance· 2 days agoOil prices remained stable despite a decline in crude inventories, as fuel inventories rose and traders weighed demand concerns against supply uncertainty.
Oil prices settle lower as soft gasoline demand weighs
Investing.com via Yahoo Finance· 2 days agoInvesting.com-- Oil prices settled lower Thursday as heavy decline in weekly crude inventories was offset by fresh signs of weaker fuel demand following a larger-than-expected build in weekly U.S. gasoline supplies.
The Energy Report: Demand Drag | Investing.com
Investing.com· 1 day agoOil prices had a terrible month in May as demand concerns continue to plague the market as we head into a new era of uncertainty. On one side, we had...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 2 days ago“The midpoint of the range implies an Ebitda build multiple of 6.75x, which we view as attractive,” he says. (adriano.marchese@wsj.com) 0902 ET – Oil...
