Market

US Oil Inventories Rise Last Week, Data Shows

The US Energy Information Administration (EIA) announced today an increase in crude oil, gasoline, and distillate inventories in the US over the past week.

The EIA, which serves as the statistical arm of the US Department of Energy, said in

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European Shares Jump 1% on Tech Boost

European shares opened more than 1 percent higher on Thursday, buoyed by strong performances among technology stocks, while investors awaited the European Central Bank’s (ECB) rate decision due later in the day.

The pan-European STOXX 600 index was u…

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