Alert Crude Oil

Weekly Oil Statistics

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By September 11, 2019 No Comments

EIA reported a draw of -6912 MBbls in U.S. crude-oil inventories for the week ending 9/6/2019. This was larger than the average estimate of -2655 MBbls as reported by Bloomberg.

Prices were down five minutes following the announcement, to $57.48, from $57.68 just before 9:30am.