Oil prices on Wednesday pulled back from gains racked up the previous day, pushed down amid a surprise climb in US crude stockpiles. Brent crude futures had dropped 22 cents, or 0.28 per cent, to $78.81 per barre, chipping away at Tuesday's 1.26 per cent gain.
US crude inventories rose by 1.2 million barrels to 397.1 million in the week to Sept. 14, according to data released on Tuesday by the American Petroleum Institute (API). That compared with analyst expectations for a decrease of 2.7 million barrels. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961
US crude inventories rose by 1.2 million barrels to 397.1 million in the week to Sept. 14, according to data released on Tuesday by the American Petroleum Institute (API). That compared with analyst expectations for a decrease of 2.7 million barrels. For Any More Information Please Visit : www.dollaradvisory.com and Call : 9111179961
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