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U.S. Oil Inventories Fall, Ending 10-Week Streak of Increases

Por: MarketWatch Business March 08, 2023

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Commercial crude-oil stockpiles unexpectedly decreased by 1.7 million barrels last week, to 478.5 million barrels, and are now about 7% above the five-year average, the EIA said. Analysts surveyed by The Wall Street Journal had predicted crude stockpiles would rise by 700,000 barrels from the prior week. Oil stored at Cushing, Okla., the delivery point for U.S. stocks, decreased by 890,000 barrels from the previous week, to 39.8 million barrels,... + full article



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