LOGO
LOGO

Economy And The Numbers

U.S. Crude Oil Inventories Unexpectedly Decrease By 2.8 Million Barrels

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Crude oil inventories in the U.S. unexpectedly decreased in the week ended May 23rd, according to a report released by the Energy Information Administration on Thursday.The EIA said crude oil inventories fell by 2.8 million barrels last week after climbing by 1.3 million barrels in the previous week. Economists had expected crude oil inventories to rise by 1.0 million barrels.At 440.4 million barr...

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19