OIL PRICE CRISIS: US crude oil stocks PLUMMET as Trump considers BACKING DOWN on Iran

THE OIL price crisis took another turn today when it was revealed the US crude stocks plummeted to their lowest level in two years.

The Energy Information Administration has revealed the US crude stock fell by 12.6 million barrels last week - far above already-pessimistic expectations of 4.5 million barrels.

Meanwhile gasoline stocks also dropped, albeit by 694,000 barrels - less than the prediction of 750,000 barrels.

Oil prices have now dropped again, down 2.3 percent to $76.98 per barrel - just the latest fluctuation after weeks of chaos.

It comes as Donald Trump’s top diplomat hinted the US...
source: Express

2018-07-11 22:32
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