Crude oil lacks direction amid US inventory draw, pandemic demand concerns

Crude oil lacks direction amid US inventory draw, pandemic demand concerns
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29.01.2021

MOSCOW (MRC) -- Crude prices lack direction Jan. 27 as the market weighed a bullish US crude draw against pandemic-dimmed demand outlooks, reported S&P Global.NYMEX March WTI settled up 24 cents at USD52.85/b, and ICE March Brent was down 10 cents at USD55.71/b.US commercial crude inventories declined 9.91 million barrels during the week ended Jan. 22 to a 10-month low of 476.65 million ba

Full article at mrcplast.com

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