Saturday, April 18, 2026
Oil prices hit nine-month high after inventory draw- oil and gas 360

Oil prices hit nine-month high after inventory draw

Reuters SINGAPORE/LONDON – Oil climbed to a nine-month high on Thursday after government data showed a fall in U.S. crude stockpiles last week, while progress towards a U.S. fiscal stimulus deal and strong Asian demand also buoyed prices. The U.S. dollar set a 2-1/2 year low against major rivals on Thursday which also helped oil because crude priced in the

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories decrease by 122 Bcf

Natural Gas Inventories as of December 11, 2020 The EIA has released its natural gas inventory report, showing a net decrease of 122 Bcf as of December 11, 2020. Working gas in storage was 3,726 Bcf as of Friday, December 11, 2020, according to EIA estimates. This represents a net decrease of 122 Bcf from the previous week. Stocks were