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EIA: US crude oil stocks increased by 9.3 million barrels


Thursday, 17 October 2019 22:12 WIB

WTIEIA


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The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US increased by 9.3 million barrels in the week ending October 11, compared to analysts estimate for a build of 2.9 million barrels.

With the initial market reaction, the barrel of WTI eased from session highs and was last seen trading at $53, still up 0.2% on a daily basis.

Source: Fxstreet


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