Open Demo Account
Home / Market Update / Commodities / US Crude Oil Inventories Down in Week

US Crude Oil Inventories Down in Week

M. Ali 4 November, 2020 8:10 pm Commodities, Market Update

Crude oil inventories in the United States declined by 8 million barrels last week, according to data by the US Energy Information Administration (EIA) on Wednesday.

Meanwhile, gasoline stockpiles increased by 1.5 million barrels, while distillate stockpiles decreased by 1.6 million barrels.

Tags

Check Also

Gold (XAU) — Holds near 3-week lows as trade thaw, Fed guidance weigh on bids

Market snapshot Spot: $3,957.42, +0.2% intraday COMEX Futures: $3,977.76, −0.1% Price sits near the lowest …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends