Open Demo Account
Home / Market Update / Commodities / U.S. Oil Inventories Down 2.6 M Barrels in Week: API

U.S. Oil Inventories Down 2.6 M Barrels in Week: API

M. Ali 7 April, 2021 2:00 am Commodities, Market Update

Crude oil inventories in the United States declined last week by 2.6 million barrels, according to estimated by the American Petroleum Institute (API).

Meanwhile, gasoline stockpiles rose by about 4.5 million in the week ended April 1, while distillate inventories grew by roughly 2.8 million barrels.

Tags

Check Also

Inflation Relief Sparks a Short-Term Rally on Wall Street

US stocks moved higher after fresh inflation data showed price pressures easing slightly more than …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends