Crude oil prices extended their gains from Tuesday after the American Petroleum Institute reported an estimated inventory draw of over 5 million barrels that observers had not expected. That followed a weekly inventory draw of over 7 million barrels for the previous week, suggesting strong demand for crude. Following the release of the API report, Brent crude ticked up closer to $78 per barrel and West Texas Intermediate moved up above $72 per barrel. The Energy Information Administration is reporting its own inventory…
Hence then, the article about oil climbs higher on signs of u s inventory draw was published today ( ) and is available onOILPRICE ( 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 Climbs Higher on Signs of U.S. Inventory Draw )