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Crude Oil: Oil trading high before API’s weekly crude oil inventory figures -

Crude Oil inventory data crucial for Investors #Commodities #Commodity "FEATURED POST"

20. Elevated Oil trade-off, in advance of the EIA’s weekly crude oil inventory statistics -

US Accounts for a Negative #Crude #Oil Inventories

#NYMEX #crude higher in Asia as investors see #Fed holding steady -

US #Crude #Oil Inventories Better Than Expected

The chart shows the weekly inventory levels of crude oil so far in 2012, and compares them to the average weekly stockpiles since 1984 and over the last ten years. As shown, crude oil inventory levels are well above the historical average. In fact, there have only been two years (1990 & 2009) since 1984 where crude oil inventories were higher at this time of year.


Figure 1 - Dow Jones News in TradeStation Platform - (EIA - Crude Oil Stock, Inventory Data)

2015-04-09 OIL/USD A 10.95 million barrel increase in U.S. crude oil inventories, reaching 482.4 million, the biggest gain in 14 years combined with Saudi Arabia's oil production of 10.3 million barrels a day in March had added significant pressures on crude oil prices on Wednesday pushing them towards $50 per barrel.