Dublin, May 11, 2021 (GLOBE NEWSWIRE) -- ResearchAndMarkets.compublished a new article on the petroleum industry "Oil Prices Rise Again"
Oil prices moved higher after the Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 30. The oil inventory figure compared with a weekly draw of 7.688 million barrels estimated by the American Petroleum Institute a day earlier, and with a moderate build of 100,000 barrels that the EIA reported for the previous week. Analysts had expected the EIA to report a crude oil inventory decline of 2.19 million barrels for the period.
In gasoline, the authority estimated a minor stock build of 700,000 barrels for the last week of April. This compared with another modest build of 100,000 barrels for the previous week. Production last week averaged 9.1 million bpd, which compared with 9.6 million bpd during the previous week.
The article on ResearchAndMarkets.com contains a selection of reports on petroleum such as:
- Asia Oil & Gas Monitor
- Oil & Gas Industry in India: Insights into Human Capital & Locations 2020
- Oil & Gas Automation & Control Systems Market by Technology, by Application - Global Opportunity Analysis and Industry Forecast, 2020 - 2030
To see the full article and a list of related reports on the market, visit "Oil Prices Rise Again"
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