Crude Oil Inventories Report for Week of October 7, 2016
The U.S. Crude Oil Inventories report for the week that ended on October 7, 2016 was released this morning:
Weekly Change: +4,900,000 Barrels
Yearly Change: +37,400,000 Barrels
Current U.S. Crude Oil Stocks: 474,000,000 Barrels
Diminishing crude oil inventories often translates to higher crude oil prices (and vice versa), but not always.
The report is produced by the U.S. Energy Information Administration (EIA).
Weekly Change: +4,900,000 Barrels
Yearly Change: +37,400,000 Barrels
Current U.S. Crude Oil Stocks: 474,000,000 Barrels
Diminishing crude oil inventories often translates to higher crude oil prices (and vice versa), but not always.
The report is produced by the U.S. Energy Information Administration (EIA).
Labels: crude_oil, inventories, petroleum
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posted by Steve Brown | 10/13/2016 09:56:00 PM
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