U.S. oil stockpiles are up almost 6% YTD and remain well above the five-year average for this...
U.S. oil stockpiles are up almost 6% YTD and remain well above the five-year average for this time of year, due mostly to a 22% surge in U.S. oil production. Yet crude prices also are historically high, and with coming fixes to pipeline bottlenecks likely to unlock WTI’s value and Brent supply and demand still tight as Iranian crude remains out of the market, it would take a major shock for high prices to end anytime soon.
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at Nasdaq.com (Mar 26, 2015)
at Nasdaq.com (Mar 12, 2015)
at Benzinga.com (Feb 27, 2015)
at Nasdaq.com (Feb 26, 2015)
at Benzinga.com (Feb 23, 2015)
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