U.S. crude stocks drop by nearly 11 mln bbls -EIA

News Wire — U.S. crude stocks fell by nearly 11 million barrels last week even as refineries cut output, following a similar report from a key industry group, the Energy Information Administration said on Wednesday. Crude inventories fell by 10.8 million barrels in the week to July 19, compared with analysts’ expectations for a decrease […] More »