Energy News Headline Posted By https://www.commodityscanner.com Keep In Touch:-9045770547,9068270477
Crude Highlights: Oil Slides on Unexpected US Inventories & Key Events in Focus.
Oil prices declined on Wednesday, following surprising data released by the American Petroleum Institute for the week ending August 5.
According to the US trade association, US crude inventories ramped up unexpectedly last week, with stockpiles rising by about 2.2 million barrels in the period, compared to the analysts’ forecast of a near 400,000 barrel drop in crude inventories.
