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The U.S. Energy Information Administration (
) announced that U.S. crude oil inventories increased in the week ending
Month
million barrels, analysts expected an increase of
million barrels. Last week, U.S. crude oil inventories recorded the largest increase since the data began to be compiled in 2016, and was higher than the increase of 10,000 barrels announced by the American Petroleum Institute on Tuesday.
,
Well-known Financial
Blog
Zero
Hedge Review
Crude oil inventory data said that following the
crude oil inventory increase announced early this morning.< br/>After 10,000 barrels, this time
Crude oil inventories increased significantly
10,000 barrels, reaching the highest level in the history of
the data was compiled. Crude oil inventories in Cushing also increased slightly. , even though gasoline and refined oil recorded declines, they could not withstand the impact of a large increase in crude oil inventories. The U.S. and Burundi oil prices plummeted instantly. It is worth noting that oil prices are entering a seasonal downturn.
,r
R&
Energy analysts&.&
said the data is very, very bearish. The other data reported become unimportant.
,r
U.S. crude oil ended lower.
The U.S. dollar, or.
, traded at a barrel.
The U.S. dollar, which fell below earlier
USD support fell to five-week low.
USD.
rb
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