US Crude Stocks Surge by 6.1 Million Barrels Amid Broader Market Volatility
Crude oil inventories in the United States defied expectations last week, surging by 6.1 million barrels through April 10, according to the latest industry data. Analysts had projected a drawdown of 1.3 million barrels, underscoring the unpredictable dynamics of oil markets as global concerns over supply shortages persist. This marks a significant jump compared to the previous week’s 3.7 million-barrel increase, indicating a continued buildup of US stockpiles even as production slightly decrease