INTERACTIVE: Oil stocks fall by nearly twice projected amount - EIA

Author: Andrew Putwain

2021/09/15

LONDON (ICIS)--US crude oil stocks fell by nearly twice the projected expectations, according to the latest data from the US Energy Information Administration (EIA).

Ongoing effects of disruption from the hurricane season on the Gulf Coast are having an impact on production in the region. Global oil prices jumped following the release of the latest EIA data.