ICE Brent Slides Below 80 Ahead of EIA Inventory Report

WASHINGTON (DTN) — Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange softened in pre-inventory trade Wednesday despite data from the American Petroleum Institute showing a much larger-than-expected drawdown occurred in U.S. crude and gasoline stockpiles during the week ended April 22.…Read More