Sunday, September 21, 2025
Oil prices slip from 2014 highs, supply concerns limit losses- oil and gas 360

Oil prices slip from 2014 highs, supply concerns limit losses

CNBC Oil slipped on Thursday as investors took profits after a recent price rally, but strong demand and short-term supply disruptions continue to support prices close to their highest since 2014.   Brent crude futures were down 27 cents, or 0.3%, at $88.17 a barrel after dropping more than $1 in earlier trade. The global benchmark rose to $89.17 on

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories increase by 0.5 million barrels

Weekly Crude Oil Storage as of January 14, 2022   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.5 million barrels from the previous week.  At 413.8 million barrels, U.S. crude oil inventories are about 8% below the five year average for this time of year, according to the EIA crude oil and petroleum

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

Weekly Gas Storage: Inventories decrease by 206 Bcf

Natural Gas Inventories as of January 14, 2022 The EIA has released its natural gas inventory report, showing a net decrease of 206 Bcf as of January 14, 2022. Working gas in storage was 2,810 Bcf as of Friday, January 14, 2022, according to EIA estimates. This represents a net decrease of 206 Bcf from the previous week. Stocks were