Oil Futures Extend Losses After EIA Reports Surprise Weekly Increase In U.S. Crude Supplies – MarketWatch

Oil Futures Extend Losses After EIA Reports Surprise Weekly Increase In U.S. Crude Supplies – MarketWatch

The Energy Information Administration reported on Friday that U.S. crude inventories rose 4.4 million barrels for the week ended Jan. 15. The data, which was delayed by two days due to Martin Luther King, Jr.’s vacation on Monday and the US presidential inauguration on Wednesday, the average drop of 2.5 million barrels predicted by analysts […]
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