Oil prices drop after industry data shows big rise in U.S. crude inventories
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2025
0mins
Source: MarketWatch
Crude Inventories Impact: Oil futures declined on Wednesday due to a significant increase in U.S. crude inventories, which may end a three-day winning streak for oil prices.
Correction of Headline: An earlier version of the article contained an incorrect statement regarding the direction of change in crude inventories.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








