In its March 2025 Quick-Time period Power Outlook, the U.S. Power Info Administration (EIA) forecast crude oil manufacturing in Alaska will enhance by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd...
Prior was -1725KGasoline -1478K vs -805K expectedDistillates +170K vs -1138K expectedRefinery utilization -0.6% vs +0.3% expectedSPR draw of 3.4m vs -3.4m expectedImplied oil demand 20.587m vs 20.761m priorGasoline implied demand +252k bpdAPI data...
WTI Crude Oil, Inventory Data, EIA, Biden, Crack Spreads – Talking PointsWTI crude oil prices see a modest bounce after a sharp drop on additional SPR newsBiden administration said to be considering extreme...
Oil is struggling today on demand worries but supply will be the story next year.The latest numbers from the EIA peg US output rising 500,000 barrels per day this year versus 540,000 bpd...
WTI Crude Oil News and Analysis‘Supply cut’ comments rattle oil markets ahead of inventory dataRSI indicator suggests the recent pullback may be short-lived – downtrend very much intactOil-focused data: API and EIA inventory...
