Oil Prices Unchanged After EIA Confirms Small Crude Inventory Build  ...Middle East

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Oil Prices Unchanged After EIA Confirms Small Crude Inventory Build 
source : OILPRICE ( Middle East ) () 42
Crude oil prices remained largely unchanged today after the U.S. Energy Information Administration reported a modest crude oil inventory build of 700,000 barrels for the week to April 22. This compared with an inventory decline of 8 million barrels for the previous week that pushed prices higher. At 414.4 million barrels, crude oil inventories are 16 percent below the five-year average for the season. In fuels, the EIA reported inventory declines. Gasoline inventories shed 1.6 million barrels last week, which compared with a modest draw of 800,000…

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