US oil inventories rise by about 800 thousand barrels

Economy

11-09-2024, 19:34

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Followed by-INA
Data from the US Energy Information Administration, issued today, Wednesday, showed that US oil inventories were slightly positive during the past week ending September 6, as inventories recorded a better reading than the markets had expected.

According to data released by the US Energy Administration today, US oil inventories recorded an increase of 0.8 million barrels during the past week, while expectations indicated an increase of only 0.9 million barrels, and this came after US crude oil inventories recorded an increase of about 6.9 million barrels during the previous week.