US Crude Oil and Petroleum Inventory Rose as Oil Prices Picked Up

The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks soared +19.93 mmb to 1373.89 mmb in the week ended December 9. Crude oil inventory rose 15.19 mmb (consensus: -1.42 mmb) to 503.23 mmb. Stockpile increased in 4 out of 5 PADDs. PADD 3 (Gulf […]

The post US Crude Oil and Petroleum Inventory Rose as Oil Prices Picked Up appeared first on Action Forex.

Related Articles

Responses

Your email address will not be published. Required fields are marked *