Thu, 12/02/2010 - 06:46 by Prince damin
Washington -- U.S. crude oil inventories rose by 1.1 million barrels in the week ending Nov. 26, the U.S. Energy Information Administration said.
The agency said in Wednesday's report that crude inventories rose to 359.7 million barrels during the week, with supplies remaining above the upper limit of the average range for this time of year.
Gasoline inventories rose 600,000 barrels to 210.2 million barrels. Gasoline stockpiles are listed as above the upper half of the average range for this time of year.
Supplies of distillate fuels, which include heating oil, fell by 200,000 barrels to 158.1 million barrels.
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Thu, 10/21/2010 - 00:26 by harsheeb
Washington-- U.S. crude oil inventories rose by 700 million barrels in the week ending Oct. 15, the U.S. Energy Information Administration said Wednesday.
The agency said crude inventories increased to 361.2 million barrels during the week, with supplies remaining above the upper limit of the average range for this time of year.
Gasoline inventories rose by 1.2 million barrels to 220.1 million barrels.
Gasoline stockpiles are listed as above the upper limit of the average range.
Supplies of distillate fuels, which include heating oil, fell by 2.2 million barrels to 170.3 million barrels.
Inventories of finished gasoline and stocks of gasoline blending components rose during the week, the energy agency reported.
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Thu, 07/29/2010 - 08:06 by harsheeb
Washington -- U.S. crude oil inventories increased by 7.3 million barrels in the week ending July 23, the U.S. Energy Information Administration said Wednesday.
The agency said crude inventories rose to 360.8 million barrels during the week with supplies remaining above the upper limit of the average range for this time of year.
Gasoline inventories were unchanged in the week. At 222.2 million barrels, stockpiles of gasoline are also above the upper limit of the average range.
Supplies of distillate fuels, which include heating oil, rose by 900,000 barrels to 167.5 million barrels.
Inventories of finished gasoline held steady, while gasoline blending components rose during the week, the energy agency reported.
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Thu, 06/24/2010 - 00:17 by harsheeb
Washington-- U.S. crude oil inventories rose by 2 million barrels in the week ending June 18, the U.S. Energy Information Administration said Wednesday.
The agency said crude inventories increased to 366.1 million barrels during the week with supplies remaining above the upper limit of the average range for this time of year.
Gasoline inventories for the week fell by 800,000 barrels to 217.6 million barrels. Stockpiles of gasoline are also above the upper limit of the average range.
Supplies of distillate fuels, which include heating oil, rose by 300,000 barrels to 155.1 million barrels.
Inventories of finished gasoline rose, while gasoline blending components fell during the week, the energy agency reported.
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Thu, 04/22/2010 - 07:49 by harsheeb
Washington -- U.S. crude oil inventories rose by 1.9 million barrels in the week ending April 16, the U.S. Energy Information Administration said Wednesday.
The energy agency said crude inventories rose to 355.9 million barrels during the week and remain above the upper limit of the average range for this time of year.
Gasoline inventories for the week rose by 3.6 million barrels to 224.9 million barrels and also remain above the upper limit of the average range.
Supplies of distillate fuels, which include heating oil, rose by 2.1 million barrels to 148.9 million barrels.
Inventories of finished gasoline and gasoline blending components also rose during the week, the energy agency reported.
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Thu, 01/28/2010 - 09:20 by harsheeb
Washington -- U.S. crude oil inventories fell by 3.9 million barrels in the week ending Jan. 22, the U.S. Energy Information Administration said Wednesday.
The energy agency said crude inventories fell from 330.6 million barrels to 326.7 million barrels during the week and held just above the upper limit of the average range for this time of year.
Gasoline inventories rose by 2 million barrels to 229.4 million barrels and are also above the upper limit of the average range.
Supplies of distillate fuels, which include heating oil, rose by 400,000 barrels to 157.5 million barrels.
Finished gasoline inventories and gasoline blending components inventories rose during the week, the energy agency reported.
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Thu, 01/14/2010 - 08:17 by harsheeb
Washington -- U.S. crude oil inventories rose by 3.7 million barrels in the week ending Jan. 8, the U.S. Energy Information Administration said Wednesday.
Crude inventories rose from 327.3 million barrels to 331 million barrels during a week, holding above the above the upper limit of the average range for this time of year, EIA said.
Gasoline inventories rose by 3.8 million barrels to 223.5 million barrels and are also above the upper limit of the average range.
Supplies of distillate fuels, which include heating oil, dropped by 1.4 million barrels to 160.4 million barrels.
Finished gasoline inventories decreased, while gasoline blending components inventories rose during the week, EIA reported.
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Thu, 01/07/2010 - 08:00 by harsheeb
Washington -- U.S. crude oil inventories rose by 1.3 million barrels in the week ending Jan. 1, the U.S. Energy Information Administration said Wednesday.
Crude inventories rose from 326 million barrels to 327.3 million barrels, during a week, reaching the above the upper limit of the average range for this time of year, EIA said.
Gasoline inventories rose by 3.7 million barrels to 219.7 million barrels and are also above the upper limit of the average range.
Supplies of distillate fuels, which include heating oil, dropped by 300,000 barrels to 159 million barrels.
Finished gasoline and gasoline blending components inventories both rose during the week, EIA reported.
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Thu, 12/31/2009 - 07:54 by harsheeb
Washington -- U.S. crude oil inventories dropped by 1.5 million barrels in the week ending Dec. 25, the U.S. Energy Information Administration said Wednesday.
Crude inventories fell for the third consecutive week, dropping from 327.5 million barrels to 326 million barrels, but remain near the upper limit of the average range for this time of year.
Gasoline inventories fell by 300,000 barrels to 216 million barrels and held above the upper limit of the average range.
Supplies of distillate fuels, which includes heating oil, dropped by 2 million barrels to 159.3 million barrels.
Stockpiles of finished gasoline and gasoline blending components fell during the week, the administration reported.
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Wed, 12/02/2009 - 22:39 by Inderjit Singh
Washington -- U.S. crude oil inventories rose by 2.1 million barrels in the week ending Nov. 27, the U.S. Energy Information Administration said Wednesday.
Crude inventories rose to 339.9 million barrels during the week with levels reaching above the upper limit of the average range for this time of year.
Gasoline inventories increased by 4 million barrels to 214.1 million barrels and are above the upper limit of the average range.
Supplies of distillate fuels, which include heating oil, dropped by 1.2 million barrels to 165.7 million barrels.
Finished gasoline inventories increased and gasoline blending components inventories increased during the week, EIA reported.
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Tue, 11/17/2009 - 08:14 by harsheeb
New York -- U.S. crude oil futures rose on the New York Mercantile Exchange Monday, climbing toward $79 per barrel as the dollar weakened.
December delivery crude added $1.70 from Friday to $78.86 per barrel despite weak fundamentals. Investors are taking their cues from exchange rates, rather than supply and demand factors, a market analyst said.
"Again, prices are following changes in the exchange rate. In the oil market itself there is little bullish news. Now we are getting only weak statistics on the oil front," market analyst Christophe Barret at Calyon told MarketWatch.
Heating oil prices added 0.0659 cents Monday to $2.032 per gallon. Reformulated gasoline shed 0.0093 cents to $1.9775 per gallon.
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Sat, 11/14/2009 - 09:10 by harsheeb
New York -- U.S. crude oil futures finished lower Friday, losing 1.4 percent for the week, after a weak gauge of consumer sentiment and news of rising crude supplies.
Crude oil for December delivery finished the session down 59 cents, or 0.8 percent, at $76.35 a barrel on the New York Mercantile Exchange.
Oil prices earlier rose to $77.28 a barrel in electronic trade, receiving a boost as the dollar fell against other major currencies. The index has now fallen for two straight months.
The dollar and oil prices have had a strong inverse relationship in recent months; when the dollar weakens, oil prices tend to rise.
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