Tag «Fuel»

Oil Down, Even as U.S. Fuel Inventory Fall Indicates Demand Surge

Oil Up, Fuel Demand Outlook Clears Over Full Vaccine Approval

By Administrator_India Capital Sands Oil was down Friday morning in Asia even as data released on Thursday said U.S. fuel inventories fell and demand surged as economic recovery drove consumption. Brent oil futures fell 0.32% to $73.88 by 10:10 PM ET (2:10 AM GMT) and crude oil WTI futures edged down 0.18% to $72.81. Crude oil supply data from the U.S. …