Oil Prices Extend Losses After EIA Inventory Data Release

OilPrice.com2022-11-23

Crude oil prices fell today, even after the U.S. Energy Information Administration reported inventories of oil had shed 3.7 million barrels over the week to November 18.This compared with a decline of...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Goupppppppp
2022-11-24
Goupppppppp
Ok
Papa Bear
2022-11-24
Papa Bear
Thanks
andrew123
2022-11-24
andrew123
Great
zuhdi
2022-11-24
zuhdi
Ok
SPOT_ON
2022-11-24
SPOT_ON
Ok
dancingbook
2022-11-24
dancingbook
K
- MingXuan:
  n

Leave a comment

230

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1183711698?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-11-23 23:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1183711698","market":"fut","top_or_hot":-1,"title":"Oil Prices Extend Losses After EIA Inventory Data Release","media":"OilPrice.com","content":"<div>\n<p>Crude oil prices fell today, even after the U.S. Energy Information Administration reported inventories of oil had shed 3.7 million barrels over the week to November 18.This compared with a decline of...</p>\n\n<a href=\"https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Extend-Losses-After-EIA-Inventory-Data-Release.html\">Source Link</a>\n\n</div>\n","source":"lsy1614844034726","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Prices Extend Losses After EIA Inventory Data Release</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Prices Extend Losses After EIA Inventory Data Release\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-23 23:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Extend-Losses-After-EIA-Inventory-Data-Release.html><strong>OilPrice.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crude oil prices fell today, even after the U.S. Energy Information Administration reported inventories of oil had shed 3.7 million barrels over the week to November 18.This compared with a decline of...</p>\n\n<a href=\"https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Extend-Losses-After-EIA-Inventory-Data-Release.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_BZ","symbol_name":"布油现金","start_time":0,"source_url":"https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Extend-Losses-After-EIA-Inventory-Data-Release.html","article_id":"1183711698","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1183711698","pubTimestamp":1669218748,"sourceInfo":{"source_id":"lsy1614844034726","name":"Oilprice.com"},"weMediaInfo":null,"summary":"Crude oil prices fell today, even after the U.S. Energy Information Administrationreportedinventories of oil had shed 3.7 million barrels over the week to November 18.This compared with a decline of5.","collect":0,"end_time":0,"defaultTopTitle":"oilprice.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"EIA库存数据发布后，油价扩大损失","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BZmain":0.9,"CLmain":0.9},"content_text":"Crude oil prices fell today, even after the U.S. Energy Information Administration reported inventories of oil had shed 3.7 million barrels over the week to November 18.This compared with a decline of 5.4 million barrels for the previous week and an estimated draw of 4.8 million barrels reported by the American petroleum Institute for the week to November 18.Amid the latest slump in oil prices triggered by expectations of sluggish demand growth in China prompted by another flare-up of Covid, the EIA said that at 431.7 million barrels, U.S. crude oil inventories were 5 percent below the five-year seasonal average.At the time of writing, Brent crude was trading at $84.32 a barrel, down by more than 4.5 percent and West Texas Intermediate was down by close to 4 percent, at $77.87 a barrel as bearish factors weighed prices down.In fuels, the picture was different, with both gasoline and diesel stocks rising.In gasoline, the EIA estimated an inventory build of 3.1 million barrels in the week to November 18, which compared with a build of 2.2 million barrels estimated for the previous week.Gasoline production averaged 9.2 million barrels daily last week, which compared with 9.8 million barrels daily for the previous week.In middle distillates, the EIA reported an inventory increase of 1.7 million barrels, with production averaging 5.1 million barrels daily.This compared with an inventory build of 1.1 million barrels for the previous week and a production rate of 5.1 million bpd.Oil prices had steadied earlier this week, as fears about the effect China’s latest Covid flare-up would have on demand was largely offset by concern about oil supply ahead of the EU embargo on Russian crude. The embargo also includes punitive measures for third parties buying Russian oil unless they are buying it at a capped price set by the EU and G7.Today, however, fears about Chinese demand ignited another decline in prices.Meanwhile, the diesel shortage looming over the global economy is creeping nearer, with prices up by 50 percent on the U.S. spot market since the start of the year but higher across the world, too. In the United States alone, the impact of the diesel shortage could reach $100 billion, according to a Rice University researcher.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9968251309,"gmtCreate":1669247834301,"gmtModify":1676538172378,"author":{"id":"3578690837330197","authorId":"3578690837330197","name":"Goupppppppp","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578690837330197","authorIdStr":"3578690837330197"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968251309","repostId":1183711698,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9968285565,"gmtCreate":1669245735257,"gmtModify":1676538171612,"author":{"id":"3581670987980162","authorId":"3581670987980162","name":"Papa Bear","avatar":"https://community-static.tradeup.com/news/c55a1a3586fa9fd7c8eb6bb015bc678c","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":7,"crmLevelSwitch":1,"idStr":"3581670987980162","authorIdStr":"3581670987980162"},"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968285565","repostId":1183711698,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9968213876,"gmtCreate":1669244034495,"gmtModify":1676538171201,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f2a1eaba26272212d42018e60e78b422","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0,"idStr":"3576260758860416","authorIdStr":"3576260758860416"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968213876","repostId":1183711698,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9968235782,"gmtCreate":1669243514346,"gmtModify":1676538170985,"author":{"id":"4088118027954640","authorId":"4088118027954640","name":"zuhdi","avatar":"https://static.tigerbbs.com/43644b6987b7d82d1a0e634fa59ca435","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":1,"idStr":"4088118027954640","authorIdStr":"4088118027954640"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968235782","repostId":1183711698,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9968236709,"gmtCreate":1669243271001,"gmtModify":1676538170931,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1,"idStr":"3582922989777578","authorIdStr":"3582922989777578"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968236709","repostId":1183711698,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9968233066,"gmtCreate":1669242710655,"gmtModify":1676538170823,"author":{"id":"4126408722762182","authorId":"4126408722762182","name":"dancingbook","avatar":"https://community-static.tradeup.com/news/8167225b10da952511304cb8496e5d08","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4126408722762182","authorIdStr":"4126408722762182"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968233066","repostId":1183711698,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104933888,"gmtCreate":1669245365659,"gmtModify":1669245376092,"authorId":3568776369893575,"author":{"id":3568776369893575,"idStr":"3568776369893575","authorId":3568776369893575,"name":"MingXuan","avatar":"https://static.tigerbbs.com/b6843a33a5048452e1f1380ec02671e9","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.53%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9968233066,"type":1,"supId":0,"prevId":0,"content":"<u>n</u>","text":"<u>n</u>","html":"<u>n</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":230,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1183711698"}