theglobeandmail.com
🌐 75% Global Worthiness
Unexpected U.S. Crude Inventory Drop Fuels Oil Price Rise
U.S. crude oil inventories fell by 4.2 million barrels in the week ending December 20, exceeding analysts' expectations, driven by strong refinery runs and higher holiday travel demand; Brent crude rose 1.3% to $74.18 per barrel, and West Texas Intermediate crude increased 1.4% to $70.62 per barrel.
Unexpected U.S. Crude Inventory Drop Fuels Oil Price Rise
U.S. crude oil inventories fell by 4.2 million barrels in the week ending December 20, exceeding analysts' expectations, driven by strong refinery runs and higher holiday travel demand; Brent crude rose 1.3% to $74.18 per barrel, and West Texas Intermediate crude increased 1.4% to $70.62 per barrel.
Progress
24% Bias Score
Affordable and Clean Energy