The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.072 million ...
- **Sharp weekly shift**: The latest API indicator shows a sizeable inventory increase, reversing the prior week’s draw and suggesting a rapid change in supply–demand balance. - **Market pressures ...
Editor’s Note: While the API initially reflected a huge crude build, Reuters data released shortly after painted a starkly different picture, indicating a U.S. crude inventory build of 800,000 barrels ...
Capital Market on MSN
Energy preview: US crude inventories extend decline, API data shows
Mumbai, July 1 -- The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.072 million barrels in the week ending June 26. In the week prior, US ...
U.S. crude oil inventories fell for a seventh straight week last week, according to market sources citing American Petroleum Institute data released on Tuesday, while gasoline stocks rose.
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