US Commercial Crude Oil Inventories Increased by 900,000 Barrels.
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Oil prices fell 1 percent in global trading on Thursday as an unexpected rise in US inventories eased supply concerns.
According to data from the U.S. Energy Information Administration (EIA), U.S. commercial crude oil inventories increased by approximately 900,000 barrels last week compared to the previous week.
The U.S. Energy Information Administration (EIA) announced that commercial crude oil inventories in the country increased by approximately 900,000 barrels last week, reaching 427.3 million barrels. Market expectations were for inventories to rise by around 700...
The U.S. Energy Information Administration announced that commercial crude oil inventories rose by approximately 900,000 barrels last week to 427.3 million barrels. Strategic reserves decreased by 800,000 barrels and gasoline inventories by 1.7 million barrels, while the market expected a decrease of 700,000 barrels.
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