crude oil inventory report bloomberg


He and his fellow executives, without admitting or denying the allegations, paid $11 million to the Securities and Exchange Commission in December 2000, including $1 million in fines.“It’s made us careful and humble and focused,” Saylor said. (See AMTX stock analysis on TipRanks) To find good ideas for growth stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. Oil prices rose on Wednesday despite a large jump in U.S. crude inventories in the aftermath of last month's Texas winter storm. The company has also published a five-year growth plan targeting $1 billion in total revenue by 2025. (Bloomberg) -- Oil extended its rally toward $62 a barrel as a worsening U.S. energy crisis took out almost 40% of the nation’s crude production. During that time, the company’s stock is up 786%, impressive by any standard. That is the environment that led us to decide we should consider Bitcoin as a treasury reserve asset.”‘Every Scar’Not everyone agrees with the strategy.“Saylor equated Bitcoin to a bank – that’s just ridiculous,” said Marc Lichtenfeld, chief income strategist at the Oxford Club, a financial-research firm that has no stake in MicroStrategy. Meanwhile, refinery utilization in the United States is close to its lowest level ever, while the Cushing oil storage tanks are already more than 80% full. ... (Bloomberg) --Oil bounced between gains and losses before data on U.S. oil stockpiles due later. Some taxpayers say the IRS "Get My Payment" tool indicated that their third stimulus check was deposited into a bank account that isn't theirs. Crude Oil: The federal government’s EIA report revealed that crude inventories fell by 745,000 barrels, versus expectations for a 4.8 million barrels increase. Saylor, 56, turned his attention to Bitcoin.“People still aren’t sure: Are we crazy or are we not crazy?” Saylor said. On Friday, Saylor tweeted that MicroStrategy bought 262 additional Bitcoins for $15 million in cash, bringing the total to about 91,326. Crude prices turned positive after a very bullish EIA crude oil inventory report that sent stockpiles to the lowest level in a year and the largest increase in exports since 1993. (BP) : Free Stock Analysis Report Royal Dutch Shell PLC (RDS.A) : Free Stock Analysis Report Marathon Petroleum Corporation (MPC) : Free Stock Analysis Report Equinor ASA (EQNR) : Free Stock Analysis Report To read this article on Zacks.com click here. Domestic gasoline inventories rose 1.9 million barrels last week, the biggest increase since May, while a measure of gasoline consumption slid to the lowest since late September, according to an Energy Information Administration report. (To watch Stine’s track record, click here) Overall, Wall Street’s analysts are sanguine about this stock’s ability to continue melting up to new highs. (Bloomberg) -- Oil futures rose for an eighth straight day in New York as a decline in U.S. crude inventories further highlighted depleting global supplies. Crude oil prices & gas price charts. Current supplies — at 155 million barrels — are 23.4% higher than the year-ago level and 16% above the five-year average.Refinery Rates: Refinery utilization was down 2.6% from the prior week to 67.9%, and within touching distance of record lows. GameStop, AMC, and Cinemark Shares Have Been Whipsawed. Bitcoin Hits $60,000. Paul Pelosi, husband of Speaker Nancy Pelosi, bought more than $1 million of shares of investment firm AllianceBernstein in February. At 09:29 GMT, April WTI crude oil futures are trading $61.73, up $0.63 or +0.10% and May Brent crude oil is at $64.67, up $0.19 or +0.29%. Have a confidential tip for our reporters? Only One Is a True Growth Stock. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.This young company’s gigantic growth was hidden by low-volume trading, then cut short by the coronavirus. “When you put your money in a bank, the value of it doesn’t go up or down by 10% a day.”Saylor has clashed with investors before. When will I get my third stimulus check? Analysts had predicted the EIA to report a moderate build in inventories to the tune of 127,000-barrels. Zacks’ Single Best Pick to DoubleFrom thousands of stocks, 5 Zacks experts each picked their favorite to gain +100% or more in months to come. A bond market selloff is calling the tune across financial markets. Irwin also points out that Amyris is well-positioned to maintain its blistering pace. “Every scar informs you, and I wouldn’t be who I am without having lived through those experiences.”Steady RevenueSaylor has continued to run the analytics software business he founded in 1989, and has overseen annual revenue streams of around $500 million for the last decade, though sales have dipped in recent years.Bitcoin’s price has soared in recent months, hitting a record above $58,000 last month as big investors pile in and the asset class matures.Saylor shrugs off concern about Bitcoin’s volatility and said crypto critics are behind the curve. Crude ETFs like the United States Oil Fund (USO) advanced 2.56% amid the news, while the ProShares Ultra Bloomberg Crude Oil (UCO) gained 4.79%. Of that total, the $35 million in product revenue was up 71% year-over-year. There are no proposals for OPEC+ to deepen oil output cuts. The sky’s the limit! The Brent-WTI remains near the highs for Brent. Oil closed higher after traders assessed a U.S. government report showing the largest two-week decline in gasoline supplies on record, while signs emerged of … In the hours preceding Trump’s announcement, crude advanced as much as 1.6% after an OPEC leader said the cartel’s demand estimates were “very conservative” and recession prospects were low.