Category Archives: Gasoline

Crude Oil Inventories Climb –

Posted on 20. March 2014 by Jim Sutliff

Crude oil inventories exceeded analysts expectations and rose almost 6 million barrels last week.  According to the U.S. Energy Information Administration, crude oil inventories climbed to 375.9 million barrels last Friday.  Inventories at Cushing Oklahoma declined to 29.8 million barrels. To … Continue reading →

Posted in Distillates, Energy Information Administration, Gasoline, General, Investments, Oil, Options & Futures, Trading | Leave a comment

Crude Oil Inventories Fall –

Posted on 15. January 2014 by Jim Sutliff

According to the Energy Information Administration, crude oil inventories fell almost 7.7 million barrels from the previous week.  The decline drove crude inventories down to slightly more than 350 million barrels.  Traders responded to the news and prices for February … Continue reading →

Posted in Distillates, Gasoline, General, Investments, Natural Gas, Oil, Options & Futures, Trading | Leave a comment

Crude Oil Futures Decline –

Posted on 23. September 2013 by Jim Sutliff

Crude oil futures were lower in trading on Monday.   Expectations of lower crude oil demand from refineries and increased oil exports from Libya were contributing factors.  Gasoline and heating oil were also trading lower on Monday.  Gasoline inventories are significantly higher than they … Continue reading →

Posted in Economic News, Gasoline, General, Investments, Oil, Options & Futures, Political News, Trading | Leave a comment

Crude Oil Supplies Fall –

Posted on 8. August 2013 by Jim Sutliff

The U.S. Energy Information Administration indicated that supplies of crude oil fell to 363.3 million barrels for the week ending August 2nd.  The 1.3 million barrel decline was less than analysts had expected for the week.  Also, distillate inventories rose … Continue reading →

Posted in Distillates, Energy Information Administration, Gasoline, General, Investments, Oil, Options & Futures, Trading | Leave a comment

Gasoline Prices Slightly Lower –

Posted on 29. July 2013 by Jim Sutliff

According to the Energy Information Administration, the average retail price for a gallon of gasoline fell to $3.646.  Prices declined the most in the Midwest region where gasoline fell 8.5 cents a gallon.  Gasoline prices had risen almost 20 cents … Continue reading →

Posted in Gasoline, General, Investments, Oil | Leave a comment

Gold Prices Fall –

Posted on 3. April 2013 by Jim Sutliff

Gold prices fell over one percent in trading on Wednesday and settled at $1,553.50 an ounce.  Crude oil also fell in trading after U.S. Energy Information Administration data showed a strong increase in crude oil inventories.  For the week ending March … Continue reading →

Posted in Banking, Economic News, Gasoline, General, Investments, Metals, Oil, Options & Futures, Trading | Leave a comment

Crude Oil Inventory Levels Rise In Cushing –

Posted on 4. January 2013 by Jim Sutliff

According to the Energy Information Administration, inventories of crude oil fell 11. 1 million barrels.  The decline was partly due to year end tax concerns in the refining industry.  However, crude oil inventories rose significantly in Cushing Oklahoma which is major storage … Continue reading →

Posted in Economic News, Gasoline, General, Investments, Oil, Options & Futures, Regulatory, Tax, Trading | Leave a comment

Gold Below $1,700 –

Posted on 4. November 2012 by Jim Sutliff

Gold has fallen below $1,700 an ounce which is well off the 52 week high.  Gold was trading near the $1,800 an ounce mark as recently as early October.  Also, crude oil is slightly below $85 a barrel. To visit the Bloomberg … Continue reading →

Posted in Gasoline, General, Investments, Metals, Oil, Options & Futures, Trading | Leave a comment

Crude Oil Rebounds Slightly –

Posted on 24. July 2012 by Jim Sutliff

Crude oil rebounded slightly in Tuesday trading after falling 4% on Monday.  Manufacturing data from China helped to boost the price of crude oil which settled at $88.50 a barrel.  Euro zone economies are still weighing on the market with Eurpoean manufacturing numbers … Continue reading →

Posted in Banking, Bonds, Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading | Leave a comment

Euro Plan Sends Oil Higher –

Posted on 30. June 2012 by Jim Sutliff

European leaders announced plans to address the debt crisis and the news was well received by investors.  U.S. and European stocks rose and crude oil increased by over 9%.  Crude oil traded at almost 85$ a barrel on Friday which … Continue reading →

Posted in Banking, Bonds, Currency, Economic News, Euro, Gasoline, General, Investments, Oil, Options & Futures, Stocks, Trading, Treasury | Leave a comment

Crude Oil Falls Below $83 –

Posted on 13. June 2012 by Jim Sutliff

Crude oil fell and hit an eight month low in trading on Wednesday.  Crude oil settled at $82.62 a barrel after the Energy Information Administration indicated that crude oil fell 200,000 barrels last week.  In addition, the Organization of Petroleum Exporting Countries will meet … Continue reading →

Posted in Economic News, Gasoline, General, Investments, Oil, OPEC, Options & Futures, Trading | Leave a comment

Oil Closes Below $92 –

Posted on 22. May 2012 by Jim Sutliff

Crude oil fell in Tuesday trading to $91.66 a barrel.  Recent elections in Europe and the possibility of a recession in the Euro zone are driving down prices.  Gasoline prices were almost unchanged in trading. To read a related MSN article, … Continue reading →

Posted in Currency, Economic News, Gasoline, General, Investments, Natural Gas, Oil, OPEC, Options & Futures, Trading | Leave a comment

Gasoline Inventories Fall –

Posted on 9. May 2012 by Jim Sutliff

Gasoline inventories declined 2.6 million barrels and distillate inventories fell 3.3 million barrels.  The Energy Information Administration also indicated that crude oil increased 3.7 million barrels which was greater than the 2 million barrel increase expected by analysts.  Inventories of … Continue reading →

Posted in Banking, Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading | Leave a comment

Gasoline Inventories Fall –

Posted on 22. April 2012 by Jim Sutliff

 Gasoline inventories fell 3.67 million barrels which exceeded analyst expectations.  Distillates also fell and were 2.91 million lower than the previous week.  The U.S. Department of Energy  also indicated that crude oil supplies increased by 3.86 million barrels. To read … Continue reading →

Posted in Gasoline, General, Investments, Oil, Options & Futures, Trading | Leave a comment

Oil Inventories Rise 7.1 Million Barrels –

Posted on 29. March 2012 by Jim Sutliff

According to the U.S. Energy Information Administration, crude oil inventories rose 7.1 million barrels.  The inventory increase worked to drive crude oil prices lower in trading.  The increase exceeded analyst expectations of a much lower 2.2 million barrel rise in … Continue reading →

Posted in Banking, Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading | Leave a comment