WTI Turns Red Near $81.50 On Fed’s Hawkish Comments, A Surprise Jump In US Crude Stockpiles
March 28, 2024 at 07:10 AM EDT
US crude oil inventories rose by 3.165 million barrels for the week ending March 22 from a decline of 1.952 million barrels, according to the Energy Information Administration. The surprise US crude inventories build put pressure on WTI prices.