Crude oil inventories in the United States saw an increase of 3.6 million barrels during the week ending February 28, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were down prior to the crude data release by the U.S. Energy Information Administration, even after the American Petroleum Institute (API) reported on Tuesday a dip of 1.455 million barrels in U.S. crude oil inventories. The market-moving force, rather, was OPEC+’s decision to begin unwinding its production cuts starting…
Hence then, the article about u s crude stockpiles climb as oil prices tumble below 70 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 ( U.S. Crude Stockpiles Climb as Oil Prices Tumble Below $70 )