Oil Jumps On EIA Inventory Data ...Middle East

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Oil Jumps On EIA Inventory Data
Crude oil prices moved higher today after the Energy Information Administration today reported a modest inventory build of 200,000 barrels for the week to September 23. This compared with an increase in oil inventories of 1.1 million barrels for the previous week. Yesterday, the American Petroleum Institute estimated a 4.15-million-barrel build in crude oil inventories for the week to September 23. In fuels, the EIA reported draws across the board. Gasoline stocks, according to the authority fell by 2.4 million barrels in the reporting period,…

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