Crude oil inched higher despite US inventory data showed large increasedCrude oil inched higher despite US inventory data showed large increased |
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International benchmarks for crude oil continues to inch higher on Wednesday, 9 March 2021 even after data from the Energy Information Administration (EIA) showed US stockpile jumped 13.8 million barrel by the week ending 5 March.
Brent settled $0.38/barrel higher or 0.56% to $67.90/barrel.
WTI gained $0.43/barrel or 0.67% to $64.44/barrel.