Tag Archives: storage report

Commercial crude oil inventories in the US fell by 0.4 million barrels in the week ending October 15.The U. S. Energy Information Administration’s weekly report was out on Wednesday. This reading comes in much lower than the market’s expectation for an inventory build of 1.8 million barrels.Crude oil prices tipped …

Ahead of the official storage report, U.S. natural gas future contracts slipped on Thursday due to pressures by forecasts for estimated slightly lower demand next week. The market took a breather from its recent racing ahead of the U.S. Energy Information Administration’s (EIA) weekly storage report.There has been a significant …