US Crude Inventories Drop by 1.7 Million Barrels Amid Middle East Tensions
U.S. crude oil inventories fell by 1.7 million barrels for the week ending July 10, according to EIA data, with stockpiles now at 409.7 million barrels and below the five-year seasonal average despite ongoing geopolitical tensions in the Middle East.
Topics: Brent crude crude oil geopolitical tensions inventories WTI