Tag: EIA

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Anticipated EIA Stock Builds Favor Current Trading Range

Anticipated EIA Stock Builds Favor Current Trading Range

Crude Oil (WTI and UK Oil) AnalysisEIA weekly crude oil inventories expected to build further, weighing on pricesWTI oil solidifies the trading range [...]
Oil Remains Supported Despite Huge EIA Inventories Buildup and USD Comeback

Oil Remains Supported Despite Huge EIA Inventories Buildup and USD Comeback

US crude oil futures settled at $78.5os yesterday after an up-and-down -$0.47 or -0.59% with the high at $79.15 for the day while the low was $77.25. [...]
Selling Crude Oil After Buildup in EIA Inventories

Selling Crude Oil After Buildup in EIA Inventories

Crude Oil has been bearish since June last year, as central banks picked up the pace of rate hikes, particularly the FED, which meant that the US and [...]
Oil Downtrend in Question on OPEC Meeting, EIA Inventories and FED

Oil Downtrend in Question on OPEC Meeting, EIA Inventories and FED

Crude Oil has been bearish since June last year with central banks picking up the pace of rate hikes and the global economy heading into a recession. [...]
Crude Oil Prices Spooked by US Data, IEA Report as WTI Turns to EIA Inventories

Crude Oil Prices Spooked by US Data, IEA Report as WTI Turns to EIA Inventories

Crude Oil, WTI, IEA Report, US Retail Sales, EIA Inventories - Talking Points:Crude oil sinks the most in 2 weeks as soft US data scares tradersMeanw [...]
US weekly EIA oil inventories -5894K vs -1657K expected – Forex Factory

US weekly EIA oil inventories -5894K vs -1657K expected – Forex Factory

US weekly EIA oil inventories -5894K vs -1657K expected  Forex Factory news.google.com [...]
Crude Inventory Decreased by 5.2 Million Barrels Last Week, Says EIA – Forex Factory

Crude Inventory Decreased by 5.2 Million Barrels Last Week, Says EIA – Forex Factory

Crude Inventory Decreased by 5.2 Million Barrels Last Week, Says EIA  Forex Factory news.google.com [...]
Oil Prices Eye EIA Inventory Data as Biden Administration Considers Extreme Actions

Oil Prices Eye EIA Inventory Data as Biden Administration Considers Extreme Actions

WTI Crude Oil, Inventory Data, EIA, Biden, Crack Spreads – Talking PointsWTI crude oil prices see a modest bounce after a sharp drop on additional SP [...]
Crude Oil Prices May Fall as EIA Report Nears Amid China Lockdown Woes

Crude Oil Prices May Fall as EIA Report Nears Amid China Lockdown Woes

Crude Oil, WTI, Brent Crude, Australia, China, EIA, Stockpiles – Talking PointsWTI and Brent crude oil prices stage rebound in Asia-Pacific trading a [...]
EIA Storage Data and OPEC ‘Supply Cuts’ Lift Oil

EIA Storage Data and OPEC ‘Supply Cuts’ Lift Oil

WTI Crude Oil News and Analysis‘Supply cut’ comments rattle oil markets ahead of inventory dataRSI indicator suggests the recent pullback may be shor [...]
Crude Oil Update: API Data Sets up Brent Crude Ahead of EIA and FOMC

Crude Oil Update: API Data Sets up Brent Crude Ahead of EIA and FOMC

Brent crude oil prices remain depressed as markets await guidance from the U.S. FOMC Minutes later today. www.dailyfx.com [...]
Crude Oil Prices Fall as Market Backwardation Weakens Ahead of OPEC Report, EIA Data

Crude Oil Prices Fall as Market Backwardation Weakens Ahead of OPEC Report, EIA Data

Crude Oil, Brent Oil, Iran, EIA, OPEC, Backwardation, Technical Outlook - TALKING POINTSWTI and Brent crude oil prices dip after a [...]
EIA Inventory to Shift into Focus After OPEC Announcement

EIA Inventory to Shift into Focus After OPEC Announcement

Crude Oil, WTI, OPEC, API, EIA, Technical Outlook - TALKING POINTSWTI and Brent Crude oil prices see modest increase ahead of today’s OPEC meetingFoc [...]
Crude Oil Prices Poised to Resume Climb After EIA Data

Crude Oil Prices Poised to Resume Climb After EIA Data

Crude Oil, US Dollar, API, EIA, Inventory, Prompt Spread, Technical Outlook - Talking PointsCrude oil prices are moderating after a multi-day rally [...]
Crude Oil Prices Eye EIA Inventory Data as China Fights Covid

Crude Oil Prices Eye EIA Inventory Data as China Fights Covid

Crude Oil, WTI, Growth Fears, Inventory, EIA, OPEC, Technical Outlook - Talking PointsCrude oil prices plummet as traders price in higher odds of a g [...]
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