TheNewsRoom | Oil Prices Decline Despite Giant Drop In Crude Stockpiles

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Oil Prices Decline Despite Giant Drop In Crude Stockpiles

May 29, 2008

05/29/08 Crude oil inventories dropped 8.8 million barrels according to the EIA data report but when it was stipulated that the huge decrease was due to a temporary delay in unloading tankers, the price of crude continued to drop.