(EnergyAsia, April 28, Tuesday) — US crude oil stockpiles now stand at their highest level since September 1990 as demand continues to falter under the weight of the global economic downturn. The official Energy Information Administration (EIA) has reported that crude stockpiles rose by 5.6 million barrels to 366.7 million barrels for the week ended…
US: Crude oil stockpile at highest level since 1990 on continued demand slump
Posted on April 27, 2009 by EnergyAsia