Iea oil stockpiles

Oct 12, 2017 · Oil slid as investors waited to see whether U.S. government data will confirm that crude stockpiles rose last week, while the International Energy Agency warned of a ceiling for prices next year. IEA announces emergency oil stockpile release; crude ...

16 Sep 2019 In response, on September 14, 2019, the International Energy Agency (IEA) announced that “markets are well supplied with ample commercial stocks.” Japan currently maintains an oil stockpile of more than 230 days of  19 Sep 2019 Professor Hepburn also said the purpose of the IEA's 90 day fuel stock is to ensure there is a sufficient global stockpile for "a collective response in the event of a massive fuel disruption". "If you don't have 90 days of reserves,  13 Oct 2019 A weakening global economy and trade war uncertainty are the main reasons why the IEA just cut its oil Stocks are now back close to the 3-billion-barrel level , a large stockpile that was common during the 2016 bust. 12 Jun 2018 Prices traded lower after data from EIA showed US crude oil stockpiles rose unexpectedly last week even as refineries hiked output to the highest in five months. Gasoline stocks went up sharply as demand eased.

U.S. Agrees to IEA’s 'Preemptive' Release of Strategic Oil ...

Oil drops to 7-month low, roiled by bearish ... - MarketWatch Jun 14, 2017 · Read:Blame gasoline for oil’s drop to the lowest level of the year Prices had already been trading lower in the wake of a report from the International Energy Agency which that … IEA: Oil markets managed, but beware of the weather - UPI.com Sep 13, 2017 · IEA: Oil markets managed, but beware of the weather About 4 percent of total U.S. refining capacity still closed because of the impact of Hurricane Harvey, which made landfall in late August. IEA cuts oil-demand forecast, but sees market tightening ... IEA cuts oil-demand forecast, but sees market tightening on Iran. Global oil demand will grow more slowly than previously thought following an economic lull in Asia, the International Energy Agency said, while warning that supplies stand to tighten due to U.S. sanctions on Iran.

Global oil inventories shrinking on robust demand: IEA ...

IEA: Oil stockpiles save the world $3.5 trillion | United ...

Global strategic petroleum reserves (GSPR) refer to crude oil inventories (or stockpiles) held by the government of a particular country, as well Some non- IEA countries have started work on their own strategic petroleum reserves. China has 

IEA says outlook for global oil demand is fragile

20 Apr 2019 This was despite large drawdowns of United States crude stockpiles at the Cushing, Oklahoma storage hub in the first quarter of 2018. Stocks of total oil in OECD Europe decreased by 2.2 million metric tons, due to large stock 

IEA says oil markets 'well supplied' after attack in Saudi ...

IEA says outlook for global oil demand is fragile Aug 09, 2019 · The outlook for global oil demand is “fragile” amid growing signs of an economic slowdown, which squeezed consumption growth during the first five months of this year to the weakest in … Oil gains as U.S. stockpiles fall while IEA sees OPEC cutting Jan 19, 2017 · Oil gains as U.S. stockpiles fall while IEA sees OPEC cutting. By Ben Sharples, Grant Smith on 1/19/2017. NEW YORK (Bloomberg) -- Oil recovered after the biggest drop in more than a week as Oil Surplus Makes Surprise Return Despite OPEC Cuts, IEA ... Jul 15, 2019 · Global oil stockpiles swelled surprisingly in the first half of this year as production cuts by OPEC and its partners failed to prevent the return of a surplus, the International Energy Agency said.