{"id":41982,"date":"2021-02-24T12:39:29","date_gmt":"2021-02-24T08:39:29","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=41982"},"modified":"2021-02-24T12:02:19","modified_gmt":"2021-02-24T08:02:19","slug":"api-a-sudden-increase-in-oil-inventories-last-week","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/api-a-sudden-increase-in-oil-inventories-last-week\/02\/24\/market-updates\/","title":{"rendered":"API: A Sudden Increase in Oil Inventories Last Week"},"content":{"rendered":"\n<p>Data from the American Petroleum Institute showed, Tuesday, that oil inventories in the United States increased unexpectedly last week as refiners cut back activity due to a wave of severe cold that hit the US Gulf Coast region.<\/p>\n\n\n\n<p>Crude inventories increased by one million barrels in the week ending February 19, to about 469 million barrels, while analysts polled by Reuters had expected a decline of 5.2 million barrel.<\/p>\n\n\n\n<p>Oil inventories at the delivery centre in Cushing, Oklahoma rose by 2.8 million barrels.<\/p>\n\n\n\n<p>The Petroleum Institute data showed that the consumption of crude refineries fell by 2.2 million barrels.<\/p>\n\n\n\n<p>Gasoline stocks rose by 66 thousand barrels with analysts&#8217; expectations, which were indicating a decrease of 3.1 million barrels.<\/p>\n\n\n\n<p>Distillate stocks, which include diesel and heating oil, fell 4.5 million barrels, while they were expected to decline by 3.7 million barrels.<\/p>\n\n\n\n<p>The data showed that the United States&#8217; imports of crude oil last week decreased by 521 thousand barrels per day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data from the American Petroleum Institute showed, Tuesday, that oil inventories in the United States increased unexpectedly last week as refiners cut back activity due to a wave of severe cold that hit the US Gulf Coast region. Crude inventories increased by one million barrels in the week ending February 19, to about 469 million &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30586,"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":[38,36],"tags":[6846],"class_list":["post-41982","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-oil"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41982","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=41982"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41982\/revisions"}],"predecessor-version":[{"id":41983,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41982\/revisions\/41983"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30586"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=41982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=41982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=41982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}