15 Apr 2020
EIA: US Crude Oil Stocks Change +19.2 million barrels in week ending Apr. 10
- Crude oil stocks in the US increased by 19.2 million barrels.
- WTI trades deep in the negative territory below $20.
Commercial crude oil inventories in the United States increased by 19.2 million barrels in the week ending April 10th, the Energy Information Administration announced in its Weekly Petroleum Status Report on Wednesday. This reading came in much higher than the market expectation for a buildup of 11.6 million barrels.
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