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Banking Fears Weigh on Oil Prices and Boost Gold and Bitcoin

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Source: OilPrice.com
Banking Fears Weigh on Oil Prices and Boost Gold and Bitcoin
Photo: OilPrice.com
TL;DR

Crude oil inventories in the United States fell by 6.083 million barrels, according to the American Petroleum Institute (API) data. However, oil prices remained unmoved, with WTI trading down at $77.09 per barrel and Brent crude trading down at $80.71 per barrel. Gasoline inventories fell, while distillate inventories rose. U.S. crude oil production held steady at 12.3 million bpd, and inventories at Cushing, Oklahoma, increased by 465,000 barrels.

Topics:businessenergy#american-petroleum-institute#brent-crude#crude-oil-inventories#energy#oil-prices#wti
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  1. Oil Prices Unmoved Despite Large Crude Draw  OilPrice.com
  2. Private oil survey data shows much larger headline crude oil draw than was expected  ForexLive
  3. Gold and Bitcoin rally as Bank worries return; Oil lower  MarketPulse
  4. Opinion: Oil buying slows amid renewed concerns about economy: Kemp  ETEnergyWorld
  5. Oil Prices Slip As Banking Fears Return  OilPrice.com

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