Oil drops 2% on growing US crude stockpiles

US crude inventories rise to highest since July 2017

Oil price: Brent crude futures settled at $70.99 a barrel — Oil price: Brent crude futures settled at $70.99 a barrelPhoto: REUTERS/SCANPIX

Reuters

Published 22 May 2019, 22:26Updated 22 May 2019, 22:26

Production North America

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In a world awash with information, Upstream helps readers filter out the noise and zero in on what matters in the international energy industry. For nearly three decades, we have been the go-to source for independent news and analysis of the major oil and gas projects shaping the industry and the people behind them. In recent years, we also have chronicled the industry’s efforts to transition to cleaner energy sources.

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