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Oil Prices Surge to Three-Week High on Supply Concerns

OilPrice

oil inventory report by the American Petroleum Institute and expectations of tighter supply on Washingtons double-down on oil sanctions against Iran and Venezuela. per barrel, after the American Petroleum Institute reported on Tuesday that oil inventories in the county had fallen by 4.6

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US Oil Inventories Keep Growing as Prices Sag

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose again, this time by 2.499 million barrels in the week ending May 16 after analysts had estimated a 1.85-million-barrel million-barrel draw. The API reported a 4.287 million barrel inventory increase in the prior week.

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EIA Worries Oil Bulls with Large Builds of Gasoline, Distillate Stocks

OilPrice

On Tuesday, the American Petroleum Institute (API) reported a drop of 3.3 Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. Energy Information Administration. million barrels in U.S. crude oil inventories, with a sizable build in gasoline stocks.

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EIA Confirms Surprise Oil Inventory Build

OilPrice

On Tuesday, the American Petroleum Institute (API) reported a surprise build in US crude oil inventories of 4.287 million barrels in U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration.

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Crude Oil Inventories Slip But Prices Eyeing Tariff Fears

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in the prior week. million barrels again to 396.7 million barrels in the week ending April 4.

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Oil Rises on Larger Than Expected Crude Draw

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.2 million barrels for the week ending March 21. million barrels.

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Crude Oil Inventories Climb As OPEC Prepares to Open the Tap

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3

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