Home » Business » US Oil Inventories Plunge 9.6 Million Barrels, Surpassing Expectations | Energy Update

US Oil Inventories Plunge 9.6 Million Barrels, Surpassing Expectations | Energy Update

© Reuters.

Investing.com – US Energy Information Administration data showed that US oil declined last week by 9.603 million barrels, while it was expected to decline by -1.757 million barrels.

It is now rising strongly after falling earlier in the session, affected by the rise in the US, which rose against the background of the speech of the heads of global central banks.

At 14:41 GMT, it recorded $73.36 a barrel, an increase of 1.17%, while WTI recorded $68.61 a barrel, an increase of 1.33%.

2023-06-28 14:39:00
#Urgent #Massive #Decline #Oil #Inventories #Investing.com

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