business ๐ Crude oil stocks dip as US crude inventories barely change
US crude oil inventories saw a slight decrease of 328,000 barrels for the week ending August 14. This movement was reported by the American Petroleum Institute, focusing on US crude oil levels. Over the past eighteen weeks, commercial inventories outside the SPR have dropped over 49 million barrels. SPR draws of 5.3 million barrels helped support commercial inventories during this period. Brent crude was trading up at $91.10 on Tuesday, showing market stability. ๐