Open Demo Account
Home / Market Update / Commodities / U.S. Oil Stockpiles Rise 436,000 B in Week
Oil and Gas oil (
Oil and Gas

U.S. Oil Stockpiles Rise 436,000 B in Week

M. Ali 21 April, 2021 2:09 am Commodities, Market Update

Crude oil inventories in the United States are estimated to have increased by 436,000 barrels last week, according to data by the American Petroleum Institute (API) released on Tuesday.

Gasoline stockpiles declined by 1.6 million barrels, while distillate inventories increased by 655,000 barrels, for the week ended April 16.

Official inventory data are set to be released by the Energy Information Administration (EIA) on Wednesday.

Tags

Check Also

AUD Plummets to Five-Year Low as China’s Tariff Bombshell Rocks Global Markets

In a dramatic twist of global economic fortunes, the Australian dollar has crashed to 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