October 29, 2021

Fuel Inventory Increase

Timothy Birdnow

According to Reuters

Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last week in the United States, the world's largest oil consumer.

Tim adds:

With such a major rise in fuel prices, coupled with the fact so many ships are stranded in the ocean, is it any wonder? It won't last though.

Posted by: Timothy Birdnow at 10:22 AM | Comments (1) | Add Comment
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