Oil Prices Hold Steady Amidst Market Uncertainty.

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Source: OilPrice.com
Oil Prices Hold Steady Amidst Market Uncertainty.
Photo: OilPrice.com
TL;DR Summary

Crude oil inventories in the US rose by 377,000 barrels, while SPR inventory dropped for the second week in a row, losing 1.6 million barrels. US crude oil production remained unchanged at 12.2 million bpd. The price of WTI and Brent crude traded up on the day, with WTI trading at $81.48 per barrel and Brent crude trading at $85.55 per barrel. Gasoline inventories rose by 450,000 barrels, while distillate inventories fell by 1.98 million barrels.

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