Oil Prices Under Pressure As API Reports Inventory Build ...Middle East

OILPRICE - Economy
Oil Prices Under Pressure As API Reports Inventory Build
The American Petroleum Institute (API) reported a build in crude oil inventories of 3.910 million barrels for the week ending March 26. Analysts had predicted a much smaller inventory build of 107,000 barrels for the week. In the previous week, the API reported a build in oil inventories of 2.927 million barrels after analysts had predicted a build of 272,000 barrels. Oil prices were trading down on the day prior to the data release, with WTI trading down $0.96 at 2:45 p.m. EDT at $60.60, while Brent crude traded down $0.78 at $64.20 per barrel.…

Hence then, the article about oil prices under pressure as api reports inventory build was published today ( ) and is available on OILPRICE ( 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 Under Pressure As API Reports Inventory Build )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News