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US Crude Oil Inventories Unexpectedly Fall Following Three Weeks Of Gains

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    US crude oil inventories dropped after three consecutive weeks of gains, fresh data showed on Wednesday. According to the Energy Information Administration's (EIA) weekly report, US oil stockpiles fell 2.5 million barrels in the week ended August 12, compared to the 1.1 million barrel upturn seen in the previous seven[​IMG]

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