U.S. Markets closed

IEA Sees Oil Inventory Hitting OPEC Target 'Very Soon'; U.S. Supply Up

GILLIAN RICH
IEA Sees Oil Inventory Hitting OPEC Target 'Very Soon'; U.S. Supply Up

Oil stockpiles in developed countries could hit or fall below their five-year average "very soon," the IEA said Wednesday, nearing a key target for OPEC.