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Oil Prices Falter On Colossal Crude Inventory Build – OilPrice.com

Oil prices fell on Wednesday morning following an exceptional EIA data release that reported wild swings in crude and fuel inventories, caused by the Texas freeze…

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By Irina Slav – Mar 03, 2021, 9:39 AM CSTCrude oil prices dropped today after the Energy Information Administration reported what can only be described as a colossal crude oil inventory build of 21.6 million barrels for the week to February 26.
This was in stark contrast to the estimated 7.356-million-barrel…

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