Crude Oil Prices Slide On Unexpected Crude Inventory Build | Power Breakfast | CNBC-TV18
Автор: CNBC-TV18
Загружено: 2023-01-10
Просмотров: 750
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Crude oil inventories rose by 14.865 million barrels, American Petroleum Institute (API) data showed on Tuesday, as refining activity begins to return to normal following previous weather-related shutdowns.
U.S. crude inventories increased 13 million barrels over the course of 2022, according to API data, while crude stored in the nation’s Strategic Petroleum Reserves sunk by 221 million barrels.
Oil prices were relatively flat on Tuesday as traders take a wait-and-see attitude with upcoming rate hikes.
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