Tag Archives: Downstream

A $ 1.6 million barrel crude oil inventory sent oil prices higher today, with the Energy Information Administration also reporting a drop in gasoline inventories and a modest build in distillate fuel inventories. This compares with a draw of 4.5 million tonnes for the previous week, the third weekly haul …

A large built-in gasoline inventory that offset a modest draw of crude oil inventories cooled Cool Bulls sentiment in markets Tuesday afternoon The U.S. Petroleum Institute (API) reported Tuesday a 4.264 million-tonne inventory of crude inventory for the week ending August 14 – a near mirror of last week’s sign …