Storage tanks at Marathon Petroleum's Los Angeles Refinery in Carson, California. US crude inventories decreased by 6.4 million barrels in the week ending April 19. Reuters
Storage tanks at Marathon Petroleum's Los Angeles Refinery in Carson, California. US crude inventories decreased by 6.4 million barrels in the week ending April 19. Reuters

Business

Energy

Oil records weekly gain on supply risks and shrinking US crude stockpiles

The market awaits key inflation data that will indicate how the Fed would move forward with its monetary policy

Alvin R Cabral
Alvin R Cabral

April 26, 2024

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