The nation’s stockpile of crude oil dropped by nearly 7 million barrels last week, but the bullish data did little to help oil prices. Instead, crude prices fell Tuesday and Wednesday because of the ouster of President Trump’s hawkish national security adviser, John Bolton, and Trump’s new willingness to consider easing oil sanctions on Iran. A jump in Iranian crude …
Read More »Oil prices fall despite crude inventories dip
September 12, 2019