US commercial crude oil inventories rose 2.4m barrels in the week ending January 21. At 416.2m barrels, oil inventories are about 8% below the five year average for this time of year. Gasoline inventories rose 1.3m barrels. Distillate dropped -2.8m barrels. Propane/propylene dropped -4.6m barrels. Commercial petroleum rose 4.1m barrels. WTI crude oil resumes recent […]
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In the final stretch of its four-year term in the White House, the Biden administration has taken multiple steps to crack down on various “junk fees” airlines try to quietly add to the main fare. Read more…