Business Inventories 0.4%, Exp. 0.4%
Coal inventories at India’s power stations are close to a five-year low, with plants equivalent to more than 40% of the nation’s coal-fired capacity left with just four days of reserves or even less
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Oil inventories in western countries have been exhausted as a result of the Iran war, the boss of the world’s largest independent oil trader said
BREAKING: Inventories in the US Strategic Petroleum Reserve fell by 767,000 barrels last week, to 283 million barrels, the lowest level since 1982.
This marks the 28th consecutive weekly decline, putting inventories down nearly -133 million barrels from their high.
America's oil reserves continue to run near their lowest levels in history.
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BREAKING: Inventories in the US Strategic Petroleum Reserve fell by ~800,000 barrels last week, to 283.8 million barrels, the lowest level since 1982.
This marks the 27th consecutive weekly decline, putting inventories down more than -132 million barrels from their high.
Meanwhile, the Trump Administration is now offering up to 40 million barrels of crude oil from the SPR, which would could drive total inventories below 250 million barrels.
America's oil reserves are running near their lowest levels in history.
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Fuel inventories have fallen to a record low, and diesel levels in Europe are "very concerning," Dangote Petroleum Refinery and Petrochemicals CEO David Bird says
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BREAKING: Inventories in the US Strategic Petroleum Reserve fell by ~400,000 barrels last week, to 284.6 million barrels, the lowest level since 1982.
This marks the 26th consecutive weekly decline, putting inventories down more than -131 million barrels from their high.
The drawdown comes 22 days after President Trump said he would be using Venezuelan oil to begin refilling US reserves.
America's oil reserves are running extremely low.
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Business Inventories 0.8%, Exp. 0.8%
GLOBAL INVENTORIES ARE CONCENTRATED IN THE U.S. AS TRADERS BET ON COPPER TARIFFS, WHILE ALUMINUM ROSE 0.4% AND ZINC GAINED 0.3% ON A WEAKER DOLLAR.
US GAS INVENTORIES ARE EXPECTED TO RISE BY 81 BILLION CUBIC FEET, WHILE PRODUCTION REACHED 113.4 BCF/D, UP 5.7% YEAR OVER YEAR; LNG EXPORT FLOWS ALSO INCREASED, THOUGH POTENTIAL COLD SPELLS COULD TRIGGER PRICE VOLATILITY.
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