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Oil prices rise as EIA reports a nearly 11 million-barrel weekly drop in U.S. crude inventories

Por: MarketWatch Business August 30, 2023

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Price action Supply data The Energy Information Administration on Wednesday reported that by 10.6 million barrels for the week ending Aug. 25. That was the third-straight weekly decline reported by the government agency and the largest since the week ended July 28. On average, analysts polled by S&P Global Commodity Insights expected the report to show a decrease of 5.2 million barrels. The American Petroleum Institute said late Tuesday that... + full article



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