Crude oil prices moved higher today after the U.S. Energy Information Administration reported a decline in inventories for the week to August 16. Those shed 4.6 million barrels over the period, compared with a build of 1.4 million barrels that surprised traders last week. On Tuesday, the American Petroleum Institute reported another unexpected inventory increase, but a moderate one, at 347,000 barrels. In fuels, the EIA also estimated draws in inventories. Gasoline inventories fell by 1.6 million barrels over the week to August 16, which compared…
Hence then, the article about oil ticks higher as eia reports inventory draws across the board 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 Ticks Higher as EIA Reports Inventory Draws Across the Board )