Thu, Jan 29, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Oil prices dip after EIA supply data

Posted on 22 August 2013

Oil futures continued to trade lower Wednesday, though they pared some losses briefly after the U.S. Energy Information Administration reported a fall of 1.4 million barrels in crude stockpiles for the week ended Aug. 16.
Analysts polled by Platts were looking for a one-million-barrel decline. Gasoline supplies dropped by four million barrels, while distillate stockpiles rose 900,000 barrels, the EIA said. Gasoline stockpiles were expected to decline by 1.5 million barrels, while forecasts called for an increase of 1 million barrels for distillates………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39021 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031