Large Product Draws Arrest Oil Price Slide ...Middle East

OILPRICE - Economy
Large Product Draws Arrest Oil Price Slide
source : OILPRICE ( Middle East ) () 55
Crude oil inventories in the United States saw an increase of 200,000 barrels during the week ending April 18, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration, continuing the price slide that began when the Liberation Day tariffs were announced. On Tuesday, the American Petroleum Institute (API) reported a different story: one that showed a large draw of 4.565 million barrels in U.S. crude…

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