Tag: eia
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U.S. natural gas saw storage build of 78 billion cubic feet last week – EIA
[ad_1] Investing.com — U.S. natural gas inventories rose by 78 billion cubic feet, or bcf, last week, the Energy Information Administration, or EIA, said Thursday, announcing a higher-than-expected build in an oversupplied market that needs to see less stockpile increases and more demand in order to rally. The build in for the week ended May…
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U.S. crude stocks see surprise crude build, fuel demand above forecast – EIA
[ad_1] Investing.com — Stockpiles of rose last week, defying forecasts for a draw, while demand for fuels was well above expectations, data from the U.S. Energy Information Administration, or EIA, showed Wednesday as energy traders bet on greater consumption ahead of the typical summer surge in road, air and seaborne travel. The U.S. rose by…
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U.S. natural gas weekly draw just above target at 84 bcf – EIA
[ad_1] By Barani Krishnan Investing.com — Utilities drew a slightly higher level of natural gas than forecast from U.S. storage last week, the Energy Information Administration said in an inventory report on Thursday that looked unlikely to do much for the bull case in gas. There were 84 billion cubic feet pulled from for heating…
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U.S. utilities draw an even 100 bcf from storage last week, below forecast – EIA
[ad_1] By Barani Krishnan Investing.com — Utilities drew a lower-than-forecast 100 bcf, or billion cubic feet, from for heating and electricity generation last week, according to government data that left the fuel trading not far from the mid-$2.50 support as traders tried to discern direction for the market. Analysts tracked by Investing.com had expected the…
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U.S. natural gas storage saw higher-than-forecast 151 bcf draw last week – EIA
[ad_1] By Barani Krishnan Investing.com — Utilities drew a higher-than-forecast 151 bcf, or billion cubic feet, from U.S. for heating and electricity generation last week, according to government data that helped the market trade higher from 22-month lows. Analysts tracked by Investing.com had expected the EIA, or Energy Information Administration, to report a draw of…
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U.S. crude inventories fell much more than expected last week – EIA
[ad_1] Investing.com — U.S. crude oil inventories fell more than three times the levels forecast for last week, data from the Energy Information Administration, or EIA, showed on Wednesday. fell by 5.894M barrels, against expectations for a draw of 1.657M barrels, the EIA said in its Weekly Petroleum Status Report for the week ended Dec.…
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U.S. crude stockpiles jumped 3 times more than forecast last week, EIA data shows
[ad_1] Investing.com — U.S. crude oil inventories jumped almost three times to above expectations last week while gasoline and distillate drawdowns came in below forecast levels, the Energy Information Administration (EIA) said in its weekly inventory report which drove oil prices sharply lower. jumped by 3.925 million barrels during the week to Nov. 4, against…