API Crude Inventory -752K Barrels Sep 27, 2016 04:37PM

(Updated - September 27, 2016 4:37 PM EDT)

API Crude Inventory -752K Barrels

  • Gasoline -3.7M Barrels
  • Distillate -343K
  • Cushing -832K Barrels


Saudi Oil Minister Doesn't See OPEC Deal on Wednesday - Bloomberg Sep 27, 2016 02:13PM

(Updated - September 27, 2016 2:13 PM EDT)

(Updated - September 27, 2016 2:05; 2:11 PM EDT)

Saudi Oil Minister Al-Falih, speaking in Algiers, said he doesn't see an OPEC deal on Wednesday, according to Bloomberg headlines. He sees an OPEC freeze deal possible at the November meeting. It's possible a deal may make exception for some members, with Iran, Libya, and Nigeria allowed maximum output.

Al-Falih added that the oil market is healthy and the worst of the downturn is... (continue reading...)


Russia Aims to Keep Output at Current Levels - Bloomberg, Citing Novak Sep 27, 2016 01:58PM

Russia Aims to Keep Output at Current Levels - Bloomberg, Citing Novak


Russia's Novak, Saudi's Al Falih Start Meeting in Algiers - Bloomberg Sep 27, 2016 01:09PM

Russia's Novak, Saudi's Al Falih Start Meeting in Algiers - Bloomberg


Goldman Sachs Cuts Year-End Oil Price Target to $43/bbl (USO) (OIL) Sep 27, 2016 10:21AM

Crude prices are down 2.4% to $44.85/bbl Tuesday as hopes faded that OPEC producers will reach an agreement on cutting production at the informal OPEC meeting in Algiers. In addition, a cautious note on oil prices from analysts at Goldman Sachs is adding to pressure.

The firm sees a weaker than expected 4Q16 oil supply-demand balance given upside surprises to 3Q production and greater clarity on new project delivery into year-end The firm now expects a global surplus... (continue reading...)


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Sep 27, 2016 07:39AM Saudis Offer Oil Output Cut by 500K B/D vs Iran Freeze Caping Output at 3.6M B/D - Bloomberg, Citing Sky
Sep 27, 2016 07:37AM OPEC Consultations in Algiers Are Ongoing, Russia Will Not be Joining Wednesday OPEC Meetings - Barkindo
Sep 26, 2016 09:08PM Oil down 3 pct as Saudi, Iran dash hopes for an Algiers deal
Sep 26, 2016 11:28AM OPEC to Convene Informal Talks in Algiers on Wednesday at 3 PM; Ample Time for OPEC to Discuss Oil Policy - Bloomberg, Citing Barkindo
Sep 26, 2016 07:40AM No sign of oil freeze at home as Russia meets OPEC
Sep 25, 2016 09:28PM Oil ends up 3 percentt as OPEC meets; volatility hits post-Doha high
Sep 23, 2016 01:05PM UPDATE: Baker Hughes Total U.S. Rig Count +5 to 511, Oil Rigs +2
Sep 23, 2016 12:03PM UPDATE: Fed Proposes Aggressive Rule on Wall Street Commodity Holdings
Sep 23, 2016 11:49AM Saudi Doesn't Expect Decision at Algiers - Bloomberg, Citing Delegate
Sep 23, 2016 07:29AM Iran said unlikely to agree to oil freeze at current levels - Platts
Sep 23, 2016 05:48AM Saudis offer oil cut for OPEC deal if Iran freezes output: sources
Sep 22, 2016 01:02PM Saudi, Iran to Hold 2nd Day of Oil Talks at OPEC in Vienna - Bloomberg
Sep 22, 2016 01:01PM No major breakthrough reached at meeting of OPEC officials in Vienna ahead of informal meeting next week - Reuters
Sep 22, 2016 12:59PM No Breakthrough at OPEC Expert Meeting Days Ahead of Talks - Reuters
Sep 22, 2016 11:18AM OPEC in new push to clinch first deal to curb output since 2008
Sep 22, 2016 10:32AM UPDATE: Natural Gas Inventory +52 bcf vs +53 bcf Expected
Sep 21, 2016 09:03PM Oil slumps 4 percent as no output deal expected for OPEC
Sep 21, 2016 02:00PM Fed keeps rates unchanged as three officials dissent for hike
Sep 21, 2016 01:35PM Saudies Said to Meet with Iran for Oil Talks Before Algiers - Bloomberg
Sep 21, 2016 10:33AM Weekly EIA Data Shows Sharp Decline in Crude Inventory
Sep 20, 2016 08:39PM Oil jumps after third surprise weekly U.S. crude draw
Sep 20, 2016 04:36PM UPDATE: API Crude Inventory -7.5M Barrels
Sep 20, 2016 04:00AM OPEC may decide on extra meeting immediately after Algiers: Algeria
Sep 19, 2016 08:58PM Oil ends mixed, extend gains post-settlement on U.S. draw report
Sep 19, 2016 01:25PM Militants claim attack on NPDC oil pipeline in Niger Delta
Sep 18, 2016 09:55PM Oil rebounds on producer deal speculation; gasoline falls
Sep 18, 2016 08:38PM Dollar eases before Fed, BOJ meetings; oil up
Sep 16, 2016 01:04PM UPDATE: Baker Hughes Total U.S. Rig Count 506 vs 508 Prior
Sep 15, 2016 09:31PM Oil hits multi-week lows on glut worry; gasoline surges
Sep 15, 2016 10:30AM UPDATE: Natural Gas Inventory +62 bcf vs +59 bcf Expected
Sep 14, 2016 10:06PM Crude rises on Wall Street rally, gasoline spike amid pipeline outage
Sep 14, 2016 10:32AM UPDATE: Crude Inventory -559K Barrels vs +2.8M Expected
Sep 13, 2016 09:27PM Oil down 3 percent again; product builds offset U.S. crude draw
Sep 13, 2016 04:37PM UPDATE: API Crude Inventory +1.4M Barrels
Sep 12, 2016 09:32PM Oil tumbles 3 percent after both IEA, OPEC see glut persisting
Sep 12, 2016 04:05PM U.S. shale output drop seen for 11th straight month in October: EIA
Sep 12, 2016 06:54AM OPEC points to larger 2017 oil surplus as rivals keep pumping
Sep 11, 2016 07:36PM Oil rises on dollar, U.S. equities; crude inventories eyed
Sep 9, 2016 02:45PM NYMEX Oct. WTI Crude Futures Settle at $45.88/Barrel
Sep 9, 2016 01:06PM UPDATE: Baker Hughes Total U.S. Rig Count Increases by 11 to 508, Oil Rigs Up 7
Sep 8, 2016 08:40PM Oil falls 4 percent; U.S. crude draw seen as glitch
Sep 8, 2016 11:02AM EIA Crude Inventory Data Shows Massive 14.5M Barrel Draw
Sep 8, 2016 10:30AM UPDATE: Natural Gas Inventory +36 bcf vs +43 bcf Expected
Sep 7, 2016 08:38PM Oil soars, Brent hits $50/bbl as U.S. Gulf imports hit record low
Sep 7, 2016 04:38PM UPDATE: API Crude Inventory -12M Barrels
Sep 6, 2016 08:33PM Oil up nearly 2 percent on possible production freeze, inventory data eyed
Sep 6, 2016 07:35AM Urban Outfitters (URBN) Added to Jefferies Franchise Picks List
Sep 5, 2016 08:56PM Brent crude futures ease as hope for output freeze fades
Sep 2, 2016 01:06PM UPDATE: Baker Hughes Total U.S. Rig Count +8 to 497, Gas Rigs +7
Sep 2, 2016 08:30AM August Jobs Number Misses Expectations
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