Oil Dips On Major Crude Inventory Build ...Middle East

Crude oil prices moved lower today after the Energy Information Administration reported a crude oil inventory build of 9.9 million barrels for the week to October 7. At 439.1 million barrels, U.S. crude oil inventories are 1 percent below the five-year average for this time of the year. A week earlier, inventories recorded a draw of 1.4 million barrels. In fuels, the EIA reported mixed changes. Gasoline stocks added 2 million barrels last week, which compared with a 4.7-million-barrel decline for the previous week. Production averaged 9.2 million…

Hence then, the article about oil dips on major crude inventory build was published today ( Thursday 13/10/2022 - 06:16 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Dips On Major Crude Inventory Build )

Also on site :

• Norway Doubles Down on Oil and Gas as Europe Scrambles for Supply
• AFFILIATE OF PHOENIX INVESTORS SELLS MEMPHIS X-AI DATA CENTER TO SUBSIDIARY OF SPACEX FOR $185 MILLION
• Le Costa Rica redouble ses efforts de promotion des investissements en Europe dans les secteurs des technologies agricoles, des services mondiaux et des infrastructures touristiques