WTI Crude Ticks Higher After EIA Confirms Small Inventory Build ...Middle East

OILPRICE - Economy
WTI Crude Ticks Higher After EIA Confirms Small Inventory Build
source : OILPRICE ( Middle East ) () 31
WTI crude prices rose slightly today after the U.S. Energy Information Administration reported an oil inventory build of 1.7 million barrels for the week to December 30. This compared with a modest build of 700,000 barrels for the previous week, which in turn followed a weekly draw of 5.9 million barrels. The EIA said that at 420.6 million barrels, crude oil inventories were still below the seasonal five-year average, by some 4 percent. A day earlier, the American Petroleum Institute estimated a crude oil inventory build of close to 3.3 million…

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