Iraq disorders cause rise and decline in U.S. oil stockpiles

Iraq disorders cause rise and decline in U.S. oil stockpiles
2014-06-18T08:01:45+00:00

which is a member of OPEC as oil crude exports have fell in the United States more than expected last week.

  According to the Reuters report, seen by "Shafaq News", “ the American Petroleum Institute data showed that U.S. inventories of crude oil fell more than expected last week and that distillate stocks posted an increase.

The institute said in its weekly report that crude oil inventories fell 5.7 million barrels in the week to 378.2 million barrels, compared with analysts' analysts, a decrease of 650 thousand barrels.

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