Crude Oil Stocks Fall Nearly Seven Million Barrels The U.S. government reported a nearly 7 million-barrel drop in crude oil stocks nationwide, marking a notable weekly decline in reserves. The U.S. Energy Information Administration (EIA) said the amount of crude oil in storage fell 6.8 million barrels over the past week — declining from 422.8 …
National Crude Inventories Climb A buildup in U.S. crude oil inventories is raising eyebrows among investors and market analysts. According to the latest “This Week in Petroleum” report from the U.S. Energy Information Administration (EIA), the nation’s oil stocks increased by nearly 3.8 million barrels in the past week. The EIA reported that U.S. crude …
