U.S Crude Inventories Fall To 2015 Lows – 6 September, 2018

U.S. crude inventories fell to their lowest levels since 2015 but oil prices managed to remain stable. West Texas Intermediate crude futures were up 2 cents to $67.79 per barrel, while Brent crude futures fell 4 cents to $76.46 per barrel. U.S. crude inventories fell to 401.49 million barrels, down 4.3 million barrels, the lowest since February 2015 due to continued trade tensions and economic weakness from emerging markets. Prices managed to stay afloat due to weak U.S. fuel consumption this summer, analysts confirmed.