Home / Market Update / Commodities / EIA: US Crude Oil Stocks Decrease by 5.2 Million Barrels

EIA: US Crude Oil Stocks Decrease by 5.2 Million Barrels

Crude Oil Stocks Change in the US was -5.2 million barrels in the week ending June 4, the weekly report published by the US Energy Information Administration (EIA) revealed on Wednesday. Analysts’ estimate was for a decrease of 2 million barrels.

Check Also

Bank of England Faces “Very Difficult” Rate Decisions Amid Middle East Energy Shock

Key Takeaways: Measured approach: Governor Andrew Bailey confirmed the central bank will not rush into …