Canada Market Oil

Oil’s decline continues as inventories rise, demand recovery clouded

By Financial Post
18/03/2021

oils decline continues as inventories rise demand recovery clouded

Sumary of Oil’s decline continues as inventories rise, demand recovery clouded:

Article content TOKYO — Oil prices declined for a fifth consecutive session on Thursday falling around 1% after official data showed a further increase in U.S…
crude inventories have risen for four straight weeks after refineries in the south were forced to shut due to severe cold weather…….

Want to know more click here go to source.

Posts you may interested:

US wholesale inventories for March 2.3% versus 1.5% estimate 27/04/2022
US business inventories for March 2 .0% vs. 1.9% estimate 18/05/2022
U.S. wholesale inventories unrevised in March 10/05/2022
Crude oil trades higher on low US inventories 26/05/2022
Crude oil gets a boost from tight supply concerns as US inventories dip 19/05/2022
API data shows U.S. crude-oil inventories up 4.78 million barrels: source 27/04/2022