Crude oil prices rise as US supply marks unprecedented weekly decline
2020-07-02 00:00:00 - Source: Shafaq News
Shafaq News / Oil prices continued to rise today, Thursday, after US data showed an unexpected, sharp drop in crude oil stocks.
In addition, US West Texas Intermediate crude futures increased by 0.13% to $ 39.87/barrel.
The Energy Information Administration said yesterday, that crude oil stocks in the United States dropped last week to 533.5 million barrels, compared to analysts' expectations about a decrease of 710 thousand barrels.