All Posts Tagged With: "commodities"

(BHI) U.S. Oil Drilling Rig Count Falls by 4

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This fall can be attributed to a decrease in the...

18Mar2013 | | Comments Off | Continued

(MHP) U.S. Domestic Crude Supplies Rise Again

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles logged an increase, as imports climbed. The report further revealed that within the ‘refined products’ category, gasoline stocks fell, while distillate supplies were up from the week-ago levels. Meanwhile,...

5Mar2013 | | Comments Off | Continued

(MHP) U.S. Domestic Crude Oil Supplies Rise

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles logged an increase, as refinery demand weakened. The report further revealed that within the ‘refined products’ category, gasoline stocks rose, while distillate supplies were down from the week-ago levels. The...

11Feb2013 | | Comments Off | Continued

(XOM) U.S. Refined Product Supplies Soar

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles logged an increase, as imports climbed and refinery demand weakened. The report further revealed that refined product inventories – gasoline and distillate – soared from their previous week levels on weakening...

15Jan2013 | | Comments Off | Continued

(BHI) U.S. Oil Drilling Rig Count Falls by Six

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This fall can be...

5Dec2012 | | Comments Off | Continued

(XOM) U.S. Crude Oil Drilling Production at 18-Yr High

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased, as production climbed to its highest level in 18 years. The report further revealed that refined product inventories – gasoline and distillate – decreased from their previous week levels, as demand...

3Dec2012 | | Comments Off | Continued

(BHI) U.S. Oil Drilling Rig Count Rises by Three

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This upside can be attributed to an increase in...

3Dec2012 | | Comments Off | Continued

(APC) U.S. Natural Gas Stockpiles Shrink

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected decrease in natural gas supplies on account of the advent of cold weather that prompted  the commodity’s brisk use for space heating by residential/commercial consumers. The storage withdrawal – the second...

27Nov2012 | | Comments Off | Continued

(BHI) U.S. Oil Drilling Rig Count Rises to 1806

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This upside can be attributed to an increase in...

15Nov2012 | | Comments Off | Continued

(XOM) U.S. Refined Petroleum Products Inventory Increased

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased, as production climbed. The report further revealed that refined product inventories – gasoline and distillate – increased from their previous week levels. In particular, gasoline supplies in the...

9Nov2012 | | Comments Off | Continued

(COP) Crude Oil Supplies Jump on Import Surge

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased for the third week in a row, as imports climbed. The report further revealed that within the ‘refined products’ category, gasoline stocks rose, while distillate supplies were down from the week-ago...

26Oct2012 | | Comments Off | Continued

(BHI) U.S. Drilling Rig Count Down to 1859

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be attributed to cutbacks in the tally...

9Oct2012 | | Comments Off | Continued

(BHI) U.S. Oil Drilling Rig Count Falls by 11

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This fall can be attributed to cutbacks in the tally...

9Oct2012 | | Comments Off | Continued

(BHI) U.S. Oil Drilling Rig Count Dips Further

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be attributed to cutbacks in the tally...

4Oct2012 | | Comments Off | Continued

(COP) U.S. Crude Oil Supplies Rise Unexpectedly

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles jumped unexpectedly, as imports climbed. The report further revealed that within the ‘refined products’ category, gasoline stocks dropped, while distillate supplies were up from the week-ago levels. Meanwhile,...

25Sep2012 | | Comments Off | Continued

(BHI) U.S. Oil Drilling Rig Count Freefall Continues

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be attributed to a decrease in the tally...

12Sep2012 | | Comments Off | Continued

(VLO) Another Sharp Drop in Crude Supplies

The U.S. Energy Department’s weekly inventory release showed a steep drawdown in crude stockpiles. The report further revealed that within the ‘refined products’ category, gasoline stocks dropped, while distillate supplies were up from the week-ago levels. Meanwhile, refiners pulled back...

25Aug2012 | | Comments Off | Continued

(DVN) Another Cut in Natural Gas Surplus

The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected increase in natural gas supplies, reflecting the commodity’s brisk use for power generation in the face of extreme summer temperatures. Despite the relatively soft (and below estimate) supply build,...

24Aug2012 | | Comments Off | Continued

(EIA) U.S. Crude Oil Supplies Drop Sharply

The U.S. Energy Department’s weekly inventory release showed a steep drawdown in crude stockpiles. The report further revealed that within the ‘refined products’ category, gasoline stocks dropped, while distillate supplies were up from the week-ago levels. Meanwhile, refiners pulled back...

18Aug2012 | | Comments Off | Continued

(EIA) U.S. Natural Gas Storage Growth Slows

The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected increase in natural gas supplies, reflecting the commodity’s brisk use for power generation in the face of extreme summer temperatures. Despite the relatively soft (and below estimate) supply build,...

14Aug2012 | | Comments Off | Continued

(BHI) Natural Gas Drilling Reverses Trend

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be attributed to an increase in the tally...

9Aug2012 | | Comments Off | Continued

(EIA) U.S. Crude Oil Inventories Down Again

The U.S. Energy Department’s weekly inventory release showed a small drawdown in crude stockpiles. The agency’s report further revealed that within the ‘refined products’ category, gasoline stocks dropped, while distillate supplies were up from the week-ago levels. Meanwhile, refiners...

20Jul2012 | | Comments Off | Continued

(DVN) U.S. Natural Gas Storage Surplus Narrows

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies, reflecting the commodity’s tepid demand. However, the build came in well short of the five-year average addition for the week. Despite the relatively soft supply build,...

16Jul2012 | | Comments Off | Continued

(EIA) U.S. Crude Oil Supplies Drop Further

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell sharply, as imports declined and refinery activity rose. The agency’s report further revealed that refined product inventories – gasoline and distillate – increased from their previous week levels on...

15Jul2012 | | Comments Off | Continued

(CVX) U.S. Crude Oil Supply Inventories Nosedive

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell sharply, as imports declined. The agency’s report further revealed that within the ‘refined products’ category, gasoline stocks edged up, while distillate supplies were down from the week-ago levels....

6Jul2012 | | Comments Off | Continued

(XOM) U.S. Natural Gas Surplus Shrinks Further

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies, as demand from power utilities declined. The latest injection – the twelfth in 2012 – has added to already bloated inventories. Gas stocks – currently some 32% above...

10Jun2012 | | Comments Off | Continued

(XOM) First Crude Supply Dip in 11 Weeks

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell for the first time in 11 weeks – from their 22-year high levels – as imports declined and refinery activity rose by an impressive 1.9%. The agency’s report further revealed that refined product inventories...

7Jun2012 | | Comments Off | Continued

(PCX) Patriot Coal Lowers Production

Bowing to the pressures of the sluggish market demand for coal, Patriot Coal Corporation (PCX) decided to lower the production of thermal coal. As a result, the company’s Freedom underground mine will remain idle. The mine, located...

25Apr2012 | | Comments Off | Continued

(BHI) U.S. Oil Drilling Rigs Scale New Peak

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be attributed to an increase in the tally...

24Apr2012 | | Comments Off | Continued

(XOM) Crude Supplies Jump to 11-Month High

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles jumped to their highest level since May 2011, as imports climbed. However, on the bullish side, the agency’s report revealed that refined product inventories – gasoline and distillate – dropped sharply from...

20Apr2012 | | Comments Off | Continued