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  • Oil pulls back slightly on low U.S. gasoline stock draw
    Reuters4 hours ago

    Oil pulls back slightly on low U.S. gasoline stock draw

    Oil prices retreated slightly Wednesday as investors reacted to a smaller-than-expected U.S. gasoline stocks draw as they awaited the outcome of discussions in Vienna between OPEC and other oil-exporting countries on whether to extend output cuts. U.S. crude oil inventories fell for the seventh straight week as refiners processed a near-record amount of crude last week, the Energy Information Administration said on Wednesday, even as gasoline and distillate stocks also dipped.

  • TheStreet.comyesterday

    White House Budget Would Liquidate U.S. Northeast Gasoline Supply Reserve

    The Northeast Gasoline Supply Reserve (NGSR) was started to reduce the impact of sudden supply interruptions such as 2012's Hurricane Sandy.

  • Rigzone.com2 days ago

    Trump Budget Would Sell Entire US Northeast Gasoline Reserve

    The Trump administration is proposing to sell off in the coming fiscal year the entire gasoline reserve created in the aftermath of Hurricane Sandy, according to its budget proposal unveiled on Tuesday.