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On December 27, 2024, the U.S. Energy Information Administration released its latest update on crude oil inventories, revealing a significant decrease of 4.237 million barrels. This figure marks a notable shift from the previously recorded drawdown of 0.934 million barrels, highlighting...
In a crucial update for energy markets, the United States reported a decline in gasoline inventories to 1.630 million barrels, as of December 27, 2024. This marks a significant drop from the previous measurement of 2.348 million barrels, signaling a tightening in market supply.
The substantial...
In a significant turnaround for the U.S. oil industry, the latest data from the Energy Information Administration (EIA) reveals that refinery crude runs have surged by 0.205 million barrels. This notable increase, reported on December 27, 2024, comes in stark contrast to the previous week's...
In an important shift for the energy sector, U.S. distillate fuel production has shown a substantial rebound, according to the latest data released on December 27, 2024. The production figures have moved back into positive territory, reaching 0.178 million barrels after a previous dip to -0.135...
The Energy Information Administration (EIA) has released its latest update on the U.S. distillate stocks, indicating a marked improvement heading into the final week of 2024. According to the EIA data updated as of December 27, the distillate stocks have reported a modest decrease, stopping at...
The United States has witnessed a notable shift in its gasoline production figures, as recent data indicates a move from negative to positive territory. On December 27, 2024, updated statistics showed that the current gasoline production stands at 0.051 million. This marks a significant...
In the latest figures released on December 27, 2024, the United States has seen a notable rebound in its crude oil imports. The new data shows that the current level of imports has surged to 0.995 million barrels, signifying a substantial increase of 2.126 million barrels from the previous...
As the year draws to a close, latest data from the United States reveals a surprising downturn in crude oil inventories at the Cushing, Oklahoma hub. On December 27, 2024, the Cushing oil storage levels reported a decline, dipping from a previous reading of 0.108 million barrels to -0.320...
The latest figures released on December 27, 2024, have shown a significant slowdown in the decline of heating oil stockpiles in the United States. The current inventory level indicates a reduction of 0.062 million barrels, a noticeable improvement from the previous indicator, which marked a...