ETFs
- Crude Inventory -2.03M Barrels vs -1.63M Expected
- Cushing -740K
- Gasoline 188K vs -1.42M Expected
- Distillate -1.1M vs -388K Expected
Summary of Weekly Petroleum Data for the week ending May 2, 2025
U.S. crude oil refinery inputs averaged 16.1 million barrels per day during the week ending May 2, 2025, which was 7 thousand barrels per day less than the previous week’s average. Refineries operated at 89% of their operable capacity last... (continue reading...)
VistaShares, an innovative asset manager seeking to disrupt the status quo in thematic exposures, income investing, and more, today announced another significant addition to its ETF lineup with the launch of the VistaShares Target 15™ USA Quality Income ETF (QUSA).
The Fund is the first to provide investors with an equity portfolio made up of U.S. stocks exhibiting strong quality characteristics with an actively managed options overlay that aims to achieve an annual... (continue reading...)
(Reuters) - Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and its allies, OPEC+, to accelerate oil output increases, the bank said in a note dated Sunday.
The bank now expects Brent crude to average $60 per barrel for the rest of 2025 and $56/bbl in 2026 down by $2 from its previous estimate.
It has also cut its forecast for West Texas Intermediate (WTI) crude by... (continue reading...)
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Natural Gas Inventory -100 bcf vs -96 bcf Expected
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Crude Inventory Fell 4.1 Million Barrels Last Week - EIA
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OPEC Keeps 2025 Global Oil-Demand Growth Forecast at 1.45 Mln B/D
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OPEC makes fifth and biggest cut to 2024 oil demand growth forecast
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