Oil Prices Fall Slightly On Small Crude, Gasoline Draws ...Middle East

Economy by : (OILPRICE) -
Crude oil prices fell slightly after the Energy Information Administration reported an estimated draw of 600,000 barrels in U.S. oil inventories for the week to July 21. This compared with a modest inventory decline of 700,000 barrels for the previous week that kept inventories slightly above the five-year seasonal average. In fuels, the Energy Information Administration also reported small inventory draws. Gasoline stocks shed 800,000 barrels in the week to July 21, which compared with an inventory draw of 1.1 million barrels for…

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