Oil falls as China reports new Covid cases; U.S. oil inventories jump
Oil prices were hit by worries of China reporting new covid-19 cases, as it might slow down oil demand in the world’s biggest oil importer....
Tag : Oil inventories
U.S. oil stocks rise sharply as demand plunges
The U.S. oil stocks raised sharply this week, especially crude oil inventories jumped more than 15 million barrels, the Energy Information Administration informed. Crude inventories...
Global oil inventories may go up as new Covid19 wave extends: experts
Global oil inventories may see an increase in November and December due to the new wave of the coronavirus that is striking Europe, experts from...
Crude oil imports decreased by 13.8% during 3Q 2020
U.S. crude oil imports decreased 13.8% during these last four weeks, compared with the previous year’s same period, Energy Information Administration (EIA) informed today. During...