MARKET WATCH: Crude prices rise on world political tensions

Crude oil prices rose across world markets Apr. 17 as investors suggested that ongoing geopolitical risks could disrupt oil supplies in an increasingly tight market. The US government was scheduled to release its weekly oil and products inventory on Apr. 18. Source: News


EIA: US crude stockpiles decrease 1.1 million bbl

US crude oil inventories, excluding the Strategic Petroleum Reserve, decreased 1.1 million bbl for the week ended Apr. 13, according to US Energy Information Administration data. Source: News