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2018-12-26 07:20:00

U.S. OIL INVENTORIES 441.5 MBBL DOWN 500 TBBL

U.S. OIL INVENTORIES 441.5 MBBL DOWN 500 TBBL

OGJ - US crude oil inventories, excluding the Strategic Petroleum Reserve, decreased by 500,000 bbl for the week ended Dec. 14, according to data from the US Energy Information Administration.

At 441.5 million bbl, US crude oil inventories are about 7% above the 5-year average for this time of year, the report indicated.

Separately, the American Petroleum Institute said its own estimates showed US crude inventories increased by 3.5 million bbl last week.

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Tags: USA, OIL, INVENTORIES

Chronicle:

U.S. OIL INVENTORIES 441.5 MBBL DOWN 500 TBBL
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

U.S. OIL INVENTORIES 441.5 MBBL DOWN 500 TBBL
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

U.S. OIL INVENTORIES 441.5 MBBL DOWN 500 TBBL
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

U.S. OIL INVENTORIES 441.5 MBBL DOWN 500 TBBL
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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