Top news
Texas oil price, WTI, plummets amid coronavirus' economic, public health crises
By Mitchell Ferman
Over a barrel: how oil prices dropped below zero
By Jillian Ambrose
Negative $40 oil reflects panic - and U.S. crude market economic reality
By David Aaron Gaffen
Negative Oil Prices Pose Headache for Futures Giant CME
By Alexander Osipovich
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Formerly TwitterJavier Blas
JavierBlas
CHART OF THE DAY: American total oil exports (crude and refined products, on a gross basis) surged last week pass the 12 million barrels per day level | #OOTT #ShaleRevolution #Permian #Texas pic.twitter.com/aKvqfL2f2G
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Patrick De Haan ⛽️📊
GasBuddyGuy
EIA data, week ending 4/19
Crude oil: -6.4M
Domestic prod: 13.1MMbpd
SPR: +0.8M
Cushing: -0.6M
Gasoline: -0.6M
Impld mogas demand: 8.42Mbpd
Distillates: +1.6M
Refiner utilz: 88.5%
Total exports: 12.1MMbpd
GasBuddy mogas demand: 8.82Mbpd (wk ending 4/20)
#oil #OOTT #gasbuddy #eia
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Giovanni Staunovo🛢
staunovo
Oil Refining Profits Seen at Two-Year Lows on Gloomy Outlook
US independent refiners are Wall Street darlings this year
Interest-rate outlook, supply threats whipsawing sentiment
#oott
www.bloomberg.com/news/articles/2024-04-24/oil-refining-profits-seen-at-two-year-lows-on-gloomy-outlook?srnd=markets-vp&sref=f2E6A62x
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Giovanni Staunovo🛢
staunovo
Charts on US petroleum inventories in million barrels - EIA #oott pic.twitter.com/qCxdRo6RXa
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All coverage
Dow falls 630 points after another oil plunge, bringing its 2-day drop to over 1,200 points
By Yun Li & Fred Omar Imbert
Why oil prices just crashed into negative territory — 4 things investors need to know
By William Watts
Here's What Negative Oil Prices Really Mean
By Sarah Hansen
US oil price below zero for first time in history
By David Sheppard, Hudson Lockett & Derek Brower
Why U.S. oil prices fell below zero.
By Jordan Weissmann
What negative US oil prices mean for the industry | Free to read
By Anjli Raval, David Sheppard & Gregory Meyer
An oil futures contract expiring Tuesday went negative in bizarre move showing a demand collapse
By Eustance Huang & Pippa Stevens
Anyone who thinks oil has hit a floor is 'playing with fire' — yes, prices can go lower
By Natasha Turak
Too Much Oil: How a Barrel Came to Be Worth Less Than Nothing (Published 2020)
By Clifford Krauss & Stanley Reed