Rise in gasoline inventories prolongs the slide in oil

As has often been the case, the weekly US oil inventories affected the oil price in Wednesday's trading. The DOE report showed a mixed picture of consumption in the US for the past week. The stocks of crude oil - which market participants have been following closely in recent weeks - showed a fall of 1.6 million barrels. The weak imports did not suffice to maintain stocks, which have fallen comparatively consistently over the summer. But market sentiment is not in favour of the bulls at the
[visit website]