Oil Prices Rise
5 responses | 0 likes
Started by metmike - July 12, 2019, 11:49 p.m.

Oil Prices Rise Amid Further Rig Count Decline

https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Rise-Amid-Further-Rig-Count-Decline.html#

Year-to-date, the oil rig count has fallen from 858 active rigs since the beginning of the year to 784, while gas rigs have fallen from 187 to 172 during that same time.

Oil prices had an exciting week, with prices rising mid-week on crude oil production outages in the US Gulf of Mexico due to the threat of a tropical storm, as well as increased tensions in the Persian Gulf after a British tanker was harassed by Iranian Guard boats near the Strait of Hormuz.

Comments
By metmike - July 12, 2019, 11:51 p.m.
Like Reply
By metmike - July 12, 2019, 11:53 p.m.
Like Reply

  U.S. Crude Oil Inventories  

Latest Release Jul 10, 2019  Actual-9.499M   Forecast-3.081M   Previous-1.085M


https://www.investing.com/economic-calendar/eia-crude-oil-inventories-75         

           

Release DateTimeActualForecastPrevious
Jul 17, 2019 10:30 -3.081M-9.499M
Jul 10, 2019 10:30-9.499M-3.081M-1.085M
Jul 03, 2019 10:30-1.085M-2.964M-12.788M
Jun 26, 2019 10:30-12.788M-2.540M-3.106M
Jun 19, 2019 10:30-3.106M-1.077M2.206M
Jun 12, 2019 10:302.206M-0.481M6.771M
By metmike - July 12, 2019, 11:53 p.m.
Like Reply

Weekly US ending stocks of crude oil. 

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRSTUS1&f=W

          


        Weekly ending stocks for unleaded gasoline. 

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WGTSTUS1&f=W

                                    



          Weekly US ending stocks for distillate fuel oil(heating oil-especially used in the Northeast).  

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WDISTUS1&f=W

By metmike - July 12, 2019, 11:54 p.m.
Like Reply

Crude 3 months below


Crude 1 year below

By metmike - July 12, 2019, 11:54 p.m.
Like Reply

Unleaded gas price: