March 12, 2025
Intangible Assets

Draws in Fuel Stocks Counter Crude Inventory Build

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.247 million barrels for the week ending March 7. Analysts had expected a 2.1 million-barrel build. So far this year, crude oil inventories have climbed nearly 17 million barrels, according to Oilprice calculations of API data. Earlier this week,

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Intangible Assets

WTI Stuck Below $70 as EIA Confirms Crude Inventory Draw

By Julianne Geiger – Feb 26, 2025, 9:46 AM CST Crude oil inventories in the United States saw a decrease of 2.3 million barrels during the week ending February 21, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were mixed prior to the crude data release by

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Intangible Assets

U.S. Oil Industry Braces For More Pain As Inventories Continue to Grow

The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by 3.34 million barrels for the week ending February 14. Analysts had expected a 2.2-million-barrel build. This adds to the almost 18 million barrels of builds in U.S. crude oil inventories during the last four weeks, including a 9 million barrel

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Intangible Assets

Surprise Crude Oil Inventory Build Raises Pressure on Oil Bulls

Crude oil inventories in the United States rose slightly this week, by 347,000 barrels for the week ending August 16, according to The American Petroleum Institute (API), after analysts predicted a 2.9 million barrel dip. For the week prior, the API reported a 5.205-million-barrel decrease in crude inventories. So far this year, crude oil inventories

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Tangible Assets

Hydrocarbon Engineering Spotlight with Sabin Metal Corp.

Save to read list Published by Callum O’Reilly, Senior Editor Hydrocarbon Engineering, Thursday, 08 August 2024 14:00 In this Spotlight interview, Brad Cook, Vice

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