EIA Confirms Surprise Oil Inventory Build ...Middle East

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EIA Confirms Surprise Oil Inventory Build
source : OILPRICE ( Middle East ) () 29
Crude oil inventories in the United States saw an increase of 4 million barrels during the week ending May 9, 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. On Tuesday, the American Petroleum Institute (API) reported a surprise build in US crude oil inventories of 4.287 million barrels in U.S. crude oil inventories with draws in gasoline and distillate stocks. At 10:21am in New York, the…

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