Crude oil prices moved higher today after the Energy Information Administration reported an estimated inventory decline of 6.9 million barrels for the week to December 22. This compared with a sizeable build in crude oil stocks for the previous week, at 2.9 million barrels. A day earlier, the American Petroleum Institute estimated crude oil inventories had added 1.
84 million barrels in the week to December 22. In fuels, the authority reported inventory mixed inventory changes for the week to December 22. Gasoline stocks shed 600,000 barrels in…Oil Rises on Inventory Draw
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