Oil bullish as U.S inventory declines
Data released from the U.S EIA showed a decline of 4.089 million barrels in the 3rd week of July.
Tag: Energy Information Administration
Oil prices at their highest levels since early March
Brent crude futures gained 0.92% to $51.55/barrel and West Texas Intermediate futures soared by 1% to trade at $48.30.
Crude oil prices post more than 10% losses in 2 weeks
Brent lost 6.6% for the week, adding to the previous week’s drop of 5.3%.
Crude oil prices close lower due to growing concerns about global economy
Crude oil markets are still trading unusually been less volatile this week
