Energies
According to Daily-futures, last week the supplies of Crude Oil were up 2.9 million barrels to 354.2 million barrels. The supplies of gasoline were up 300,000 barrels and the heating oil supplies were up 1.0 million barrels. In June Crude Oil closed up $1.41 at $84.18, the highest close in eleven weeks. Learn more about Crude Future...
According to Boomberg, the supplies of Crude Oil increased from 2.93 million barrels to 354.2 million in the week ended March 29. Inventories were forecast to climb by 2.5 million barrels, according to the median of 16 analyst estimates in a Bloomberg News survey. Last week, Gasoline stockpiles rose 313,000 barrels to 224.9 million. Forecast was a 1.85-million-barrel increase in Crude Oil Markets.
According to DOE, last week, refinery use moved up from 81.1% to 82.6% of capacity. Over the past four weeks, the demand of gasoline was up 1.5% from a year ago and distillate demand was down 1.0% from a year ago. The prices of Commodity Crude Oil can be impacted by the prices of Index Metals in Precious Metals Markets....Learn more about Trading Metals through Futures Wiki...The contracts and advices about trading Commodities...
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