Crude oil inched higher despite US inventory data showed large increased
Crude oil inched higher despite US inventory data showed large increased
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.