inventories

China curbs coronavirus, oil prices fall, rate hike likely

U.S. crude prices rise, fuel inventories fall, dollar weakens

NEW YORK, Sept 28 (Reuters) – Oil prices rose for a second day on Wednesday, rebounding from recent losses as the dollar pulled back from recent gains, as U.S. fuel inventories data showed a larger-than-expected drop and consumer demand rebounded. Brent crude futures settled up $3.05, or 3.5%, at $89.32 a barrel. U.S. West Texas …

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Low fuel inventories cause particular concern in Northeast U.S.

Low fuel inventories cause particular concern in Northeast U.S.

PORTLAND, Maine (AP) — Diesel and heating oil supplies in the Northeast are more than 50 percent below recent averages, federal officials said, raising concerns that extreme weather events could disrupt supply. Fuel supplies across the country are lower than normal for various reasons, including the war in Ukraine. But it’s the worst in the …

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FILE - Drivers for an oil delivery company fill their trucks at the Sprague terminal, on Jan. 16, 2014, in South Portland, Maine. Diesel and heating oil supplies in the Northeast are more than 50% below the recent average, raising concerns that an ex

Low fuel inventories cause particular concern in Northeast U.S.

Portland, Maine — Diesel and heating oil supplies in the Northeast are more than 50 percent below recent averages, federal officials said, raising concerns that extreme weather events could disrupt supplies. Fuel supplies across the country are lower than normal for various reasons, including the war in Ukraine. But it’s the worst in the Northeast. …

Low fuel inventories cause particular concern in Northeast U.S. Read More »