Mixed EIA Report Sends Oil Prices Lower

Crude oil prices moved lower today after the U.S. Energy Information Administration reported an inventory dip of 1 million barrels for the week to January 17. In fuels, the EIA estimated mixed changes. The change in crude inventories compared with a draw of 2 million barrels for the previous week, which also saw another round of sizable builds in fuels. In gasoline, the authority estimated a build of 2.3 million barrels for the week to January 17, with production at an average 9.2 million barrels daily. This compared with an inventory rise of 5.9…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com