Crude stocks down 1.85M barrels last week - API
Seeking Alpha
Published May 08, 2018 04:50PM ET
Crude stocks down 1.85M barrels last week - API
- If confirmed, it would be the largest weekly draw on oil inventories since late March.
- Oil has had an interesting day, first plunging down to $68 per barrel on a report the president was not going to pull the U.S. out of the Iran nuclear deal, but ending the session right back at $70 after the president indeed exited that pact and moved to restart sanctions.
- USO +0.65% after hours
- ETFs: USO, OIL, UWT, UCO, DWT, SCO, BNO, DBO, UGA, DTO, USL, DNO, OLO, UHN, SZO, OLEM, WTIU, OILK, OILX, WTID, USOI, USOU, USOD, UBRT, DBRT, OILD, OILU, USAI
- Now read: Shale Oil Myths: 'It Is Too Light And No Good'
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