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

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

M. Ali 13 January, 2021 3:34 am Commodities, Market Update

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.

Tags

Check Also

How Have US Stocks Reacted After Trump’s Win?

Certain stocks have been disappointed by Trump’s election-related gains; Tesla has lost 4.5% of its …

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