|
US crude stocks tumble last week
The Energy Information Administration reported a steeo drop of 12.5 million barrels in US crude stocks last week, while analysts expected an increase of 1.9 million barrels.
Gasoline stocks are now down 2.1 million barrels to 216.3 million barrels, while distillate stocks are down 600 thousand barrels to 105.7 million barrels.
Thanks for your feedback.
Wall Street below 33 thousand points ahead of Fed minutes
US stock indices declined on Wednesday amid the ongoing debt ceiling crisis with little progress in negotiations, while investors await the Federal Reserve's meeting minutes.
MoreNickel extends losses but remains near $20,000 a tone
Nickel prices declined on Wednesday as the dollar maintained strength against most major rivals while the US debt ceiling crisis progresses.
MoreSterling rebounds from four-week trough following strong inflation data
Sterling rose in European trade away from four-week lows against dollar, on track for the first profit in three days following strong UK inflation data.
More