Feedback Form
29 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Forecast rise in inventories sends crude lower

posted by Avatar materialsrisk 413 days ago in Oil, Agriculture made popular 413 days ago

Brent crude futures fell during Asian trading as attention centred on US crude stock data. A Bloomberg survey pointed towards a US crude stock gain of 2.2 million barrels last week. Last week traders were caught out by a 7.1 million barrel rise in crude inventories, three times larger than expected.
Log in to comment or register here.