U.S. crude stockpiles unexpectedly drop for first time since January

U.S. crude stockpiles unexpectedly drop for first time since January
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15.05.2020

MOSCOW (MRC) -- U.S. crude oil stockpiles surprisingly fell last week, including at the Cushing, Oklahoma, storage hub, the first time supply has dropped since the coronavirus pandemic choked off fuel demand in the United States, reported Reuters.Crude inventories USOILC=ECI fell 745,000 barrels in the week to May 8 to 531.5 million barrels, the U.S. Energy Information Administration said

Full article at mrcplast.com

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