Monthly Archives: April 2022
8 Million EIA Inventory Drop Sends Crude Prices Up
Written on April 21, 2022 at 3:52 am, by lishitong
On Wednesday (GMT+3), the US Energy Information Administration reported a large decrease of 8.02 million barrels in its crude oil inventories, bringing its current inventory to 413.7 million barrels. The numbers are far from the forecasted increase of 2.471 million barrels, and last week’s increase of 9.382 million. Meanwhile, gasoline inventories see a decrease ofContinue Reading