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safety information and updates energy market updates energy market updates inventories & rumored opec+ cuts boost oil prices posted by kelly burke on dec , : : pm tweet markets shot up today after relative calm earlier in the week, on eia inventory reporting this morning that showed a . mmb drop in crude

, once again far surpassing analyst predictions. this week's report marks the first time in weeks that us crude inventories have showed declines. at the close, wti settled at $ , ulsd was up to $ , and rbob was up to $ . in terms of larger ongoing issues affecting markets, the opec meeting is still looming...

https://www.burkeoil.com/value-added-services/energy-market-updates/topic/opec

. wednesday's inventory numbers fell short of expected builds and we saw intraday highs over on refined products, with the close reflecting on ulsd ($ ) and on rbob ($ ) and crude closed at $ . thursday gains were around % with ulsd closing up to $ , rbob to $ and crude up to $ , a two month high. today

we saw the market shed some of the week's earlier gains, with ulsd down to $ , rbob off to $ and crude closed out at $ , about back where it was wednesday mid-morning. so what's going on?...

https://www.burkeoil.com/value-added-services/energy-market-updates

. wednesday's inventory numbers fell short of expected builds and we saw intraday highs over on refined products, with the close reflecting on ulsd ($ ) and on rbob ($ ) and crude closed at $ . thursday gains were around % with ulsd closing up to $ , rbob to $ and crude up to $ , a two month high. today

we saw the market shed some of the week's earlier gains, with ulsd down to $ , rbob off to $ and crude closed out at $ , about back where it was wednesday mid-morning. so what's going on?...

https://www.burkeoil.com/value-added-services/energy-market-updates/author/kelly-burke

was surprised to see values up over cents because after friday's movement i would have expected some sharp drops. that is until i saw china announced that their currency would be allowed to fluctuate against other currencies. this would/should weaken the dollar to chinese investors thereby making crude

and its products more affordable. thus crude now becomes a safe haven against a falling dollar for other investors, pushing values higher. additionally, all goods become cheaper to china spurring us manufacturing rates and another economic boom is on the horizon!...

https://www.burkeoil.com/value-added-services/energy-market-updates/topic/profit-taking

, and stocks are continuing to rebound this morning after tuesdays drop off. the exception to this rule being energy shares, which are pulling the s&p down on the back of plummeting crude prices. the adp report on october job creation came in at k, k above the projected number. strong payroll numbers...

https://www.burkeoil.com/value-added-services/energy-market-updates/topic/us-energy-boom

many investors were eagerly anticipating the fed chairman speech. the consensus was that new measures would be put in place to spur growth. it became clear early in the session that this was not going to happen and all pits sold off quickly and rbob dropped as much as five cents. not to be outdone crude

northeast sometime sunday as a hurricane and move rapidly through the northeast over the course of the day, of course making a stop in wilbraham, ma. with high winds and heavy flooding, power outages are expected. fear not folks, dkb world headquarters will be staffed and ready to assist. at the close, crude...

https://www.burkeoil.com/value-added-services/energy-market-updates/topic/bernanke

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lubricants for businesses view lubricants for businesses agriculture auto & truck dealers auto & truck manufacturers automotive components construction transport manufacturing marine metals mining & quarries power explore our lubricants services lubricants product range contact our experts process oils...

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