Source: Energy Information Administration Commercial crude oil inventories in member countries of the Organization for Economic Co-operation and Development (OECD) are expected to have hit an eight-year low in the first quarter of the year. OIL is up 1.65%, while USO is up 1.58%. The EIA estimated that the commercial oil inventories in the OECD hit 2.61 billion barrels in … [Read more...] about Commercial Crude Inventories Seen to Have Dropped to Eight-Year Low in Q1
Footer
