HomeNews listOBJECTIVE PRESSOil Prices Fall Despite Crude Inventory Draw

Oil Prices Fall Despite Crude Inventory Draw

  • April 19, 2023
  • Posted by: AliensFaith
  • Category: OBJECTIVE PRESS
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Crude oil prices inched lower today, after the U.S. Energy Information Administration reported an inventory draw of 4.6 million barrels for the week to April 14. This compared with a modest build in crude oil inventories for the previous week, at 600,000 barrels. For the week before that, however, the EIA had estimated a sizeable draw of 3.7 million barrels. In fuels, the EIA estimated mixed changes in inventories for the week ending April 14. Gasoline inventories added 1.3 million barrels during that week, according to the EIA, with…      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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