Home / Market Update / Commodities / U.S. Oil Inventories Down 5.8 M Barrels: API

U.S. Oil Inventories Down 5.8 M Barrels: API

Crude oil inventories in the United States declined by 5.8 million barrels last week, according to the weekly report from the American Petroleum Institute (API).

Meanwhile, gasoline stockpiles rose by 1.9 million barrels, while distillate inventories added 4.4 million barrels.

Check Also

ECB Holds Rates Steady, Leaves Path for Possible Future Cut Open

The European Central Bank (ECB) kept interest rates unchanged on Thursday, as expected, while offering …