U.S. Crude-Oil Stocks Seen Falling for Eighth Straight Week, Analysts Say
Commercial crude stockpiles are estimated to have fallen by 1.1 million barrels to 413.5 million barrels in the week ended Jan. 10, according to the average forecast of 10 analysts and traders. Seven expect a drop and three predict an increase. Forecasts range from a build of 2.2 million barrels to a withdrawal of 3.5 million barrels.