The EIA's weekly inventory data reported that crude oil inventories rose 1.3 million barrels in the week ended Dec. 16, versus consensus estimates from Briefing.com for a fall of 1
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Oil Rose On EIA Report
Oil prices rose Wednesday after the Energy Information Administration's report
Oil prices rose Wednesday after the Energy Information Administration reported that crude inventories increased, but the supply of distillates fell.
February light sweet crude rose 47 cents to settle at $58.56 a barrel on the New York Mercantile Exchange.
February Brent crude futures rose 55 cents to settle at $56.72 a barrelo n London's ICE .
The EIA's weekly inventory data reported that crude oil inventories rose 1.3 million barrels in the week ended Dec. 16, versus consensus estimates from Briefing.com for a fall of 1
The EIA's weekly inventory data reported that crude oil inventories rose 1.3 million barrels in the week ended Dec. 16, versus consensus estimates from Briefing.com for a fall of 1
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