Google+ Followers

Wednesday, 19 July 2017

Oil Steadies Amid Mixed Signals on U.S. Crude Inventories - Bloomberg

Oil Steadies Amid Mixed Signals on U.S. Crude Inventories - Bloomberg:

"Oil was steady amid mixed signals on U.S. crude inventories, with industry data showing supplies increased last week while government statistics were expected to indicate a decline.

Futures were little changed in New York after adding 0.8 percent on Tuesday. U.S. inventories rose by 1.63 million barrels last week, according to people familiar with the API data. That contrasts with a Bloomberg survey before an Energy Information Administration report Wednesday that forecasts a 3.5 million-barrel decline, which would be the 13th drop in 15 weeks."



'via Blog this'