|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||1.17 - 1.22|
|52-week range||0.91 - 4.29|
|PE ratio (TTM)||-1.24|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y target est||N/A|
The EIA estimates that crude oil inventories fell by 5.7 MMbbls to 456.4 MMbbls on October 6–13, 2017—the lowest levels since August 25, 2017.
The market anticipates that crude oil inventories at Cushing rose from October 6 to 13. Cushing inventories rose for the ninth time in the last ten weeks.
The Zacks Analyst Blog Highlights: Denbury Resources, Abraxas Petroleum, Bill Barrett and Northern Oil and Gas
The improving commodity pricing environment looks somewhat sustainable on tightening supplies, improving demand outlook and OPEC deal extension talks.
Enterprise Products Partners' (EPD) board of directors announces a 4.3% year-over-year increase in its quarterly cash distribution.
On September 25, 2017, the people in Kurdistan voted in a referendum for independence. As a result, Turkey blocked 500,000 bpd of crude oil exports.
In the week starting October 2, 2017, Denbury Resources (DNR) has risen from its last week’s close of $1.34 to $1.46 on October 3, a significant rise of ~9.0%.
Russia’s crude oil production was flat at 10.91 MMbpd (million barrels per day) in September 2017—compared to the previous month.
The EIA estimates that weekly US gasoline demand fell 178,000 bpd (barrels per day) to 9.4 MMbpd between September 8 and September 15.