Surprise Crude Oil Draw Sends Oil Prices Higher

2/27/2019

The API (American Petroleum Institute) reported a draw in gasoline inventories for the week ending February 22 in the amount of 3.8 million barrels. Analysts had estimated a draw in gasoline inventories of 1.686 million barrels for the week. WTI Crude is $56.54; Brent is $66.10 this morning.

Source: OilPrice.com - By: Julianne Geiger - Image: File Photo

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