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WTI Drops After Surprise Crude Build
Article By: Tyler Durden Tuesday, September 18, 2018 5:51 PM EDT
WTI prices rebounded back above $69 today after Saudi headlines and inched higher still into the API print. However, prices slipped lower after crude inventories saw a surprise build of 1.25mm barrels (vs expectations of a 2.5mm draw).
In this article: UGA, OILB
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4 ETFs Set To Soar In The Aftermath Of Hurricane Florence
Article By: Sweta Killa Friday, September 14, 2018 5:20 PM EDT
Since North Carolina is the largest tobacco-growing states in the United States, Hurricane Florence could damage the crops that have already been planted and could delay the further plantation.
In this article: UGA, PKB, XLB, ACT Also: HD, LOW, MAS, HTZ, CAR, BTI
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WTI Surge Continues On Crude Draw, Production Drop
Article By: Tyler Durden Wednesday, September 12, 2018 11:00 AM EDT
Having pushed above $70 after last night's API-reported crude draw, WTI is extending gains after DOE confirmed a sizable crude draw (though smaller than API) offset by large product builds (distillates), and helped by a production decline.
In this article: OILB, UGA
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WTI Spikes Above $70 After Huge Crude Draw
Article By: Tyler Durden Tuesday, September 11, 2018 5:37 PM EDT
This is the 4th weekly crude draw in a row (and the biggest since July) but most notable was the huge build in gasoline.
In this article: OILB, UCO, UGA
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Weekly Gasoline Price Update: Regular And Premium Up A Penny - Monday, Sept.10
Article By: Jill Mislinski Monday, September 10, 2018 9:46 PM EDT
It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA).
In this article: UGA Also: OILB, UCO
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Weekly Gasoline Price Update: WTIC Up Again - Tuesday, Sept. 4
Article By: Jill Mislinski Tuesday, September 4, 2018 5:56 PM EDT
The price of Regular and Premium are unchanged from last week.
In this article: UGA Also: OILB, UCO
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Why Diesel Prices Are Set To Soar
Article By: Robert Rapier Thursday, August 30, 2018 4:52 AM EDT
A new rule coming into effect for marine shipping in 2020 promises to drive up the price of diesel, as well as low sulfur crudes like West Texas Intermediate.
In this article: OILB, UGA
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WTI Spikes On Surprise Crude Draw As Gasoline Demand Hits Record High
Article By: Tyler Durden Wednesday, August 29, 2018 12:12 PM EDT
After a brief dip on last night's API report, WTI has surged overnight - bucking the stronger dollar - to trade around $69 as DOE data hit.
In this article: OILB, UCO, UGA
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Weekly Gasoline Price Update: WTIC Up 5.3%
Article By: Jill Mislinski Monday, August 27, 2018 5:40 PM EDT
It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA).
In this article: UGA
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Gasoline Volume Sales And Our Changing Culture - Tuesday, August 21
Article By: Jill Mislinski Tuesday, August 21, 2018 6:01 PM EDT
The latest 12-month MA is 0.9% below its all-time high set in August 2005 and well off its -8.9% interim low set in August 2014.
In this article: UGA
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WTI Drops Back Below $68 After Big Gasoline Build, Small Crude Draw
Article By: Tyler Durden Wednesday, August 8, 2018 11:21 AM EDT
WTI has tumbled this morning (back below $68) as Bloomberg Intelligence Senior Energy Analyst Vince Piazza notes that optimism for crude oil has softened from previous highs this summer.
In this article: OILB, UGA
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WTI/RBOB Extend Gains After Broad Inventory Draws, Flat Production
Article By: Tyler Durden Wednesday, July 25, 2018 11:29 AM EDT
WTI/RBOB are holding gains, helped by a weaker dollar, after last night's API draws, and extended gains after DOE reported across the board inventory draws and no increase in US production.
In this article: OILB, UGA
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Gasoline Volume Sales And Our Changing Culture - Tuesday, July 24
Article By: Jill Mislinski Tuesday, July 24, 2018 10:00 AM EDT
The latest 12-month MA is 0.8% below its all-time high set in August 2005 and well off its -8.9% interim low set in August 2014.
In this article: UGA
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WTI Algos Confused Despite Huge Surprise Crude Build, Production Spike
Article By: Tyler Durden Wednesday, July 18, 2018 10:44 AM EDT
WTI was still trading lower after API reported last night's surprise crude build, and traded lower initially after DOE reported a massive surprise crude build.
In this article: OILB, UGA
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Weekly Gasoline Price Update: WTIC Drops Almost 8%
Article By: Jill Mislinski Tuesday, July 17, 2018 4:30 AM EDT
It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular was up a penny and Premium was down less than a cent, from last week.
In this article: UGA Also: OILB
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Trump May Tap Up To 30MM Barrels From Oil Reserve To Halt Rising Gas Price
Article By: Tyler Durden Friday, July 13, 2018 3:58 PM EDT
Oil prices continue to rise pushing the price of gasoline to levels not seen in 4 years.
In this article: UGA, OILB
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