{"id":39187,"date":"2020-12-30T11:14:36","date_gmt":"2020-12-30T07:14:36","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39187"},"modified":"2020-12-30T11:40:53","modified_gmt":"2020-12-30T07:40:53","slug":"api-oil-inventories-record-a-greater-than-expected-drop-last-week","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/api-oil-inventories-record-a-greater-than-expected-drop-last-week\/12\/30\/market-updates\/","title":{"rendered":"API: Oil inventories record a greater than expected drop last week"},"content":{"rendered":"\n<p>Data from the American Petroleum Institute showed, Tuesday, that crude oil inventories in the United States fell more than expected last week, while gasoline and distillate stocks recorded a decrease, contrary to expectations.<\/p>\n\n\n\n<p>The data indicated that crude inventories fell by 4.8 million barrels in the week ending on the twenty-fifth of December to 492.9 million barrels, exceeding the expectations of analysts polled by Reuters for a decrease of 2.6 million barrels.<\/p>\n\n\n\n<p>The Petroleum Institute said crude stocks at the delivery center in Cushing, Oklahoma, increased by 131,000 barrels.<\/p>\n\n\n\n<p>The institute data showed that gasoline stocks decreased by 718 thousand barrels, in contrast to analysts&#8217; expectations, which were indicating an increase of 1.7 million barrels.<\/p>\n\n\n\n<p>Distillate stocks, which include diesel and heating oil, fell 1.9 million barrels, against expectations for an increase of 529,000 barrels.<\/p>\n\n\n\n<p>The data showed that last week, US imports of crude oil fell by 204 thousand barrels per day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data from the American Petroleum Institute showed, Tuesday, that crude oil inventories in the United States fell more than expected last week, while gasoline and distillate stocks recorded a decrease, contrary to expectations. The data indicated that crude inventories fell by 4.8 million barrels in the week ending on the twenty-fifth of December to 492.9 &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,38,36],"tags":[7155,6846],"class_list":["post-39187","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-commodities-news","category-market-updates","tag-api","tag-oil"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=39187"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39187\/revisions"}],"predecessor-version":[{"id":39188,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39187\/revisions\/39188"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32066"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=39187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}