Banking Fears Weigh on Oil Prices and Boost Gold and Bitcoin
TL;DR Summary
Crude oil inventories in the United States fell by 6.083 million barrels, according to the American Petroleum Institute (API) data. However, oil prices remained unmoved, with WTI trading down at $77.09 per barrel and Brent crude trading down at $80.71 per barrel. Gasoline inventories fell, while distillate inventories rose. U.S. crude oil production held steady at 12.3 million bpd, and inventories at Cushing, Oklahoma, increased by 465,000 barrels.
Topics:business#american-petroleum-institute#brent-crude#crude-oil-inventories#energy#oil-prices#wti
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