News Formal

Crude Oil roils on Wednesday after EIA prints another weekly buildup in US Crude Oil Stocks

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 6 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Oil أخبار

WTI,Energy

West Texas Intermediate (WTI) US Crude Oil tumbled back to $80.00 per barrel on Wednesday after the Energy Information Administration (EIA) reported another unexpected increase in week-on-week US Crude Oil Stocks Change, kicking the legs out from beneath barrel traders that were hoping for a net decrease in US Crude Oil supplies.

WTI eased to $80.00 per barrel on Wednesday, continues to churn in a rough range. EIA Crude Oil counts reported another week-on-week buildup of US barrel supplies. Energy markets continue to hope for a demand upswell to materialize in summer. West Texas Intermediate US Crude Oil tumbled back to $80.

influence the price of WTI Oil? decides to lower quotas, it can tighten supply, pushing up Oil prices. When

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 14. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين