U.S. Crude Oil Inventories Surge Fanning The Flames of Price Volatility
Julianne Geiger
Julianne Geiger is a veteran editor, author and scientist for Oilprice.com, and a member of the Creative Professionals Networking Group.
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By Julianne Geiger - Apr 09, 2024, 3:46 PM CDT
Petroleum stocks in the United States increased today by 3.034 million barrels for the week ending April 5, according to The American Petroleum Institute (API). Experts had actually anticipated a stock develop of 2.415 million barrels.This follows the API reported a 2.286 million barrel dip in unrefined stocks in the week prior.
On Tuesday, the Department of Energy (Do...