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The American Petroleum Institute (API) reported a major draw
of 9.2 million barrels in United States crude oil inventories—the
biggest draw since September 2016. The draw compares to analyst
expectations of a draw of 3.6 million barrels for the week ending
August 11. Gasoline inventories rose by 301,000 barrels for the
week ending August 11, compared to analyst expectations that
inventories for the fuel would fall by 1.5 million barrels. Crude
prices fell on Tuesday—despite an export terminal closure in Libya
on the back of worker protests—on…
of 9.2 million barrels in United States crude oil inventories—the
biggest draw since September 2016. The draw compares to analyst
expectations of a draw of 3.6 million barrels for the week ending
August 11. Gasoline inventories rose by 301,000 barrels for the
week ending August 11, compared to analyst expectations that
inventories for the fuel would fall by 1.5 million barrels. Crude
prices fell on Tuesday—despite an export terminal closure in Libya
on the back of worker protests—on…
The American Petroleum Institute (API) reported a major draw
of 9.2 million barrels in United States crude oil inventories—the
biggest draw since September 2016. The draw compares to analyst
expectations of a draw of 3.6 million barrels for the week ending
August 11. Gasoline inventories rose by 301,000 barrels for the
week ending August 11, compared to analyst expectations that
inventories for the fuel would fall by 1.5 million barrels. Crude
prices fell on Tuesday—despite an export terminal closure in Libya
on the back of worker protests—on…
of 9.2 million barrels in United States crude oil inventories—the
biggest draw since September 2016. The draw compares to analyst
expectations of a draw of 3.6 million barrels for the week ending
August 11. Gasoline inventories rose by 301,000 barrels for the
week ending August 11, compared to analyst expectations that
inventories for the fuel would fall by 1.5 million barrels. Crude
prices fell on Tuesday—despite an export terminal closure in Libya
on the back of worker protests—on…