Post Tagged with: "US inventory build"

Source: Reuters

Oil prices plummet 3% on US inventory build, inflation

Oil Price

U.S. crude oil prices continued to plummet on Wednesday, falling over 3% and Brent crude right behind it, shedding over 2.8% on a surprise U.S. inventory build and uncertainty about interest rate cuts and the future of oil …

May 1, 2024 - 2:30 pm — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Exploration and Production (E&P)
Source: Reuters

Oil prices ease on U.S. inventory build, China COVID worries

Yahoo Finance

NEW YORK – Oil prices dropped by about $2 a barrel on Wednesday after industry data showed that U.S. crude stockpiles rose more than expected and on concerns that a rebound in COVID-19 cases in top importer China …

November 9, 2022 - 9:30 am — China, Closing Bell Story‎, Commodity Pricing, Crude Oil News, Crude Oil Storage, Energy News
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