IPFS News Link • Oil
Oil Prices Tumble As The EIA Reports A Significant Gasoline Build
• Oilprice.comCrude oil prices continued to move lower despite the Energy Information Administration report that inventories had shed 2.2 million barrels in the week to September 29.
This compared with a draw of the same size estimated for the previous week by the EIA.
A day earlier, the American Petroleum Institute reported an estimated inventory decline of 4.2 million barrels for the last week of September.