EIA Crude Oil Inventories

During the pre-market trading session on Thursday, Occidental Petroleum Corp (NYSE:OXY) fell 2.56%, Exxon Mobil Corp (NYSE:XOM) declined 2.39%, while Chevron Corp (NYSE:CVX) fell 1.50% as oil prices saw a considerable drop. This decline is attributed to the potential U.S.-Iran nuclear deal and a...

The price of oil rose Tuesday afternoon after the American Petroleum Institute's weekly data announcement showed an inventory draw of 3.8 million barrels, which came as a surprise as analysts were expecting a build of around 2.4 million barrels. On Wednesday, the Energy Information...