Monthly Archives: June 2022
Oil Rises Despite EIA Crude Oil Inventory Increase
Written on June 9, 2022 at 4:08 am, by lishitong
On Wednesday evening (GMT+3), the US EIA Crude Oil Inventories data was released. For the Week of 3 June, US inventories of crude increased by 2.025 million barrels. This is compared to the forecasted draw of 1.917 million, and the previous week’s draw of 5.068 million. Meanwhile, distillate inventories saw a rise of 2.592 millionContinue Reading