U.S. crude stocks drop 10 mln barrels as imports slow – EIA

New York — U.S. crude oil inventories fell sharply last week to their lowest since October last year as imports slowed, while gasoline and distillate stockpiles also declined, the Energy Information Administration said on Wednesday. Crude inventories fell 10 million barrels in the week to Aug. 23, compared with analysts’ expectations for a decrease of […] More »