Crude oil prices fell slightly today after the U.S. Energy Information Administration reported an inventory decline of 5.2 million barrels for the week to December 2. This compared with a sizeable draw of 12.6 million barrels estimated for the previous week, which sent prices higher at the time. A day before the EIA released its report, the American Petroleum Institute estimated another weekly crude inventory draw for the week to December 2, at 6.
43 million barrels. Meanwhile, the EIA also reported an inventory build in gasoline and another…WTI Falls Despite Crude Draw As Product Inventories Soar
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