Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory decline of 3.1 million barrels for the week to December 11. The report came out a day after the American Petroleum Institute estimated inventory builds across crude and fuels, pressuring prices just as they had started to improve again.
Analysts had expected the EIA to report a 3.5-million-barrel decline in crude oil inventories for the week to December 11, after it estimated a huge build of over 15 million barrels for the previous week. In gasoline,…Oil Jumps On Crude Inventory Draw
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