Large Crude Build Sends Oil Prices Tumbling ...Middle East

OILPRICE - Economy
Large Crude Build Sends Oil Prices Tumbling
source : OILPRICE ( Middle East ) () 25
Crude oil prices eased from their earlier gains after the Energy Information Administration reported inventories had added 8.8 million barrels for the week to September 2. This compared with an inventory draw of 3.3 million barrels estimated for the previous week. In gasoline, the EIA reported an inventory increase of 0.4 million barrels for the week to September 2, which compared with a draw of 1.2 million barrels for the previous week. Gasoline production averaged 9.9 million barrels daily last week, compared with 9.8 million bpd a week earlier.…

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