U.S. Crude Inventories Fall As Brent Prices Soar

U.S. Crude Oil Inventories Edge Down Less Than Expected

A report released by the Energy Information Administration on Thursday showed a modest decrease in crude oil inventories in the U.S. in the week ended September 4th.

U.S. Crude Inventories Fall As Brent Prices Soar

Crude oil inventories in the United States saw a decrease of 400,000 barrels during the week ending September 4, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday. The decrease brings commercial stockpiles to 424.1 million barrels, according to government data, which are now on par with the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day…

EIA: US crude inventories down by 400,000 barrels

More to come......