Crude oil prices moved lower today after the U.S. Energy Information Administration reported an estimated inventory increase of 2.9 million barrels for the week to December 15. This followed a weekly inventory decline of 4.3 million barrels for the previous week. The estimate also came out a day after the American Petroleum Institute reported its own inventory estimate, which saw oil stocks adding close to a million barrels over the week to December 15. In fuels, the EIA estimated inventory builds. Gasoline inventories added 2.7 million barrels…
