US Oil Inventories Fall by 0.6 Million Barrels, Department of Energy Reports
Weekly data shows crude stocks remain below their five-year seasonal average, according to the US Department of Energy.
US crude oil inventories decreased by 0.6 million barrels over the past week, the US Department of Energy reported.
The department said the current stock level stands 5% below the five-year average typical for this time of the year.
The report did not provide additional details on the specific factors behind the decline, according to the source.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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