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Wealthy nations’ oil inventories fall to 23-year lows

Egypt Independent

Wealthy nations’ oil inventories fall to 23-year lows

Oil stockpiles in the world’s wealthiest nations haven’t been this low since George W. Bush was in the White House, the US Energy Department’s forecasting arm said Tuesday. According to the Energy Information Administration, global oil inventories are expected to tumble by 6.3 million barrels per day this quarter and by another 7.66 million in … The post Wealthy nations’ oil inventories fall to 23-year lows appeared first on Egypt Independent .

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