Oil turns positive as US crude inventories fall by 2.3m barrels, says EIA

24 July 2016, Abuja – Oil prices turned positive after earlier falling to a two-month low on Wednesday as government data showed a ninth consecutive decline in crude stockpiles. U.S. commercial crude stockpiles fell by 2.3 million barrels to a total of 519.5 million barrels, the Energy Information Administration reported. The report matched an earlier assessment […] More »