A day after the American Petroleum Institute reported a minor crude draw that nevertheless strengthened prices, the Energy Information Administration confirmed a draw, at 1.7 million barrels for the week to May 21. At 484.3 million barrels, the EIA said, crude oil inventories are below the five-year seasonal average. Analysts had expected the EIA to report an inventory decline of 1.279 million barrels for the period after it reported a build of 1.3 million barrels for the previous week. In gasoline, the authority estimated an inventory draw of…
Hence then, the article about oil prices bounce back on bullish inventory data 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 Prices Bounce Back On Bullish Inventory Data )