Crude inventories shrink

U.S. crude oil stockpiles fell for the second consecutive week, adding support to prices that surged on reports that OPEC nations had agreed to cut production. Commercial inventories of crude fell about 900,000 barrels last week, after declining by about 1.3 million barrels the previous week, according to the Energy Department. Gasoline inventories, however, climbed …

READ FULL ARTICLE

Energy

Comments