1 min read
189 words
1 view
The American Petroleum Institute (API) reported a major draw
of 5.78 million barrels in United States crude oil inventories,
compared to analyst expectations of a draw of 1.75 million barrels
for the week ending August 25. Gasoline inventories rose by 476,000
barrels for the week ending August 25. Crude prices fell on Monday
and Tuesday as traders fear crude oil inventories will rise as
Hurricane Harvey takes offline refining capacity in the United
States, potentially for weeks until refineries are back running at
full capacity. Although there…
of 5.78 million barrels in United States crude oil inventories,
compared to analyst expectations of a draw of 1.75 million barrels
for the week ending August 25. Gasoline inventories rose by 476,000
barrels for the week ending August 25. Crude prices fell on Monday
and Tuesday as traders fear crude oil inventories will rise as
Hurricane Harvey takes offline refining capacity in the United
States, potentially for weeks until refineries are back running at
full capacity. Although there…
The American Petroleum Institute (API) reported a major draw
of 5.78 million barrels in United States crude oil inventories,
compared to analyst expectations of a draw of 1.75 million barrels
for the week ending August 25. Gasoline inventories rose by 476,000
barrels for the week ending August 25. Crude prices fell on Monday
and Tuesday as traders fear crude oil inventories will rise as
Hurricane Harvey takes offline refining capacity in the United
States, potentially for weeks until refineries are back running at
full capacity. Although there…
of 5.78 million barrels in United States crude oil inventories,
compared to analyst expectations of a draw of 1.75 million barrels
for the week ending August 25. Gasoline inventories rose by 476,000
barrels for the week ending August 25. Crude prices fell on Monday
and Tuesday as traders fear crude oil inventories will rise as
Hurricane Harvey takes offline refining capacity in the United
States, potentially for weeks until refineries are back running at
full capacity. Although there…