Thursday, November 27, 2025
Oil eases as high U.S. oil stocks outweigh weak dollar-oil and gas 360

Oil eases as high U.S. oil stocks outweigh weak dollar

Reuters LONDON  – Oil edged lower on Thursday as rising U.S. fuel inventories and concerns about surging coronavirus cases outweighed the impact of a weaker dollar, which usually boosts oil prices. Brent crude LCOc1 fell 22 cents, or 0.5%, to $44.07 a barrel by 1351 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 shed 17 cents, or 0.4%, to

Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 37 Bcf

Natural Gas Inventories as of July 17, 2020 The EIA has released its natural gas inventory report, showing a net increase of 37 Bcf as of July 17, 2020. Working gas in storage was 3,215 Bcf as of Friday, July 17, 2020, according to EIA estimates. This represents a net increase of 37 Bcf from the previous week. Stocks were