Oil prices steady, awaiting confirmation of surprise U.S. inventory build
- Date: 28-May-2020
- Source: Reuters
- Sector:Oil & Gas
- Country:Saudi Arabia
Oil prices steady, awaiting confirmation of surprise U.S. inventory build
FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014.. After tumbling on Wednesday, Brent crude futures were down 0.06%, or 2 cents, at $34.72 a barrel at 1311 GMT after dropping by more than $1 to $33.62 in early trade.. West Texas Intermediate (WTI) crude futures were down 0.3%, or 10 cents, at $32.71.. Data from industry group API showed U.S. crude stocks rose 8.7 million barrels in the week to May 22, against analyst expectations for a 1.9 million-barrel draw..