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Oil Prices Daily Newsletter for 2/15/17

 

The U.S. Energy Information Administration said Wednesday that crude stockpiles rose by 9.5 million barrels in the week ended Friday, reaching 518 million barrels the highest level in data going back to 1982.

+Oil prices fall slightly as US stockpiles surge – WSJ

+The United States of Oil and Gas – WaPo

 

For more analysis and charts of today s oil price movements, visit the Oil Prices Daily Newsletter for 2/15/17

 

EIA Surprises With Large Build (Again)

EIA reported a build of crude oil inventories of 9.5 million barrels (estimates were for a 3 million barrel build), but inventories once again drew at the Cushing delivery point.

+Weekly Petroleum Status Report – EIA

+US Petroleum Balance Sheet – EIA

+Crude Oil Stocks by PAD District – EIA

 

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Commodity Research Group February Oil Market Report

For more in depth analysis of the key factors influencing oil markets, be sure to listen to the latest podcast from Commodity Research Group.

Listen to the February Oil Market Report here or on iTunes.

 

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• Sound Off with Joe Perino
• Commodity Research Group
• Oil Prices Daily Podcast

Oil 101 A Free Introduction to the Oil and Gas Industry

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