Tag: barrels

US EIA data likely to show crude stocks falling 250,000 barrels

US EIA data likely to show crude stocks falling 250,000 barrels

Crude oil storage in the US is profitable again Wednesday’s pivotal OPEC ministerial meeting could overshadow the release of weekly US inventory data that same day; however, a large enough change in US petroleum stocks could inject additional volatility into a market already on edge, according to an S&P Global Platts preview of this week’s […]

By November 30, 2016 0 Comments Read More →