Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

U.S. crude supply rose 9.9M barrels last week, API says

Published 10/23/2018, 05:05 PM
Updated 10/23/2018, 05:05 PM
© Reuters.  U.S. crude supply rose 9.9M barrels last week, API says
  • The American Petroleum Institute reportedly shows a build of 9.88M barrels of oil for the week ending Oct. 19, vs. a draw of 2.13M barrels in the previous week.
  • The crude build would be largest since February 2017 if confirmed tomorrow by the government's EIA report.
  • Gasoline inventories reportedly show a draw of 2.8M barrels and distillate inventories show a draw of 2.4M barrels; the Cushing, Okla., hub reportedly shows a build of 970K barrels.
  • Nymex December crude recently was at $66.08/bbl in electronic trading, below today's $66.43 settlement price.
  • ETFs: USO, OIL, UWT, UCO, DWT, SCO, BNO, DBO, UGA, DTO, USL, DNO, OLO, SZO, OLEM, WTIU, OILK, OILX, WTID, USOI, USOU, USOD, OILD, OILU, USAI
  • Now read: Oil Industry Stocks: Why So Little Attention?


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.