Home / Breaking News / US Oil Stockpiles Fall Less Than Expected

US Oil Stockpiles Fall Less Than Expected

Crude oil inventories in the United States declined by 1.6 million barrels last week, according to data by the US Energy Information Administration’s (EIA) weekly report.

The decline came below experts’ expectations of a 2.3 million barrel decrease in crude stockpiles.

Check Also

Canadian Dollar Stalls at 18-Week Lows Despite GDP Rebound

The Canadian Dollar (CAD) managed to pump the brakes on its sharp descent against the …