Oil prices are likely to record their worst week since March under the double blow of additional OPEC supply coming to markets and unfavorable fuel inventory data from the United States. What started as a relatively strong week for benchmarks turned into a slide on Wednesday after the Energy Information Administration reported yet another sizeable crude oil inventory draw with builds in both gasoline and middle distillates, at 1 million barrels and 3.7 million barrels, respectively. Meanwhile, Saudi Arabia and the United Arab Emirates moved closer…
Hence then, the article about oil suffers double whammy in weakest week since march 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 Suffers Double Whammy In Weakest Week Since March )