Posts Tagged ‘gasoline’

WTI Rises From Six-Month Low After Declines in US Inventories

by Forex Rooton August 6, 2014 4:42 pm BST
West Texas Intermediate crude rose from a six-month low after an Energy Information Administration report showed declines in U.S. inventories of crude oil, gasoline and distillates. The EIA said crude supplies decreased 1.76 million barrels in the week ended Aug. 1. Gasoline inventories fell 4.39 million barrels to 213.8 million and distillates dropped 1.8 million […]

WTI Declined After Rising In Fuel Supplies

by Forex Rooton July 25, 2014 7:54 am BST
WTI headed for the third weekly decline this month amid speculation that rising US gasoline stockpiles signal reduced demand in the world’s biggest oil consumer. Futures were little changed in New York after falling 1 percent yesterday. Gasoline inventories climbed to the highest level since March, while crude supplies dropped for a fourth week, Energy […]

CPI Increase as Gasoline Rises

by Forex Rooton July 22, 2014 2:05 pm BST
The consumer price index increased 0.3 percent after a 0.4 percent gain the prior month, figures from the Labor Department showed today in Washington. The cost of living in the U.S. rose in June, paced by a jump in gasoline that is now reversing, bolstering Federal Reserve Chair Janet Yellen’s view that recent increases were […]

WTI Trades Near Two-Month Low Before Supply Data; Brent Declines

by Forex Rooton July 15, 2014 8:50 am BST
West Texas Intermediate crude traded near the lowest price in two months before inventory data that may signal the strength of fuel demand in the U.S., the world’s biggest oil consumer. Brent fell in London. Futures were little changed in New York after gaining eight cents yesterday. U.S. gasoline stockpiles probably increased by 900,000 barrels […]