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EIA Backs up API With Shocking Rise of US Crude Oil Inventories

OilPrice

Energy Information Administration (EIA) released on Wednesday. Crude prices were trading down ahead of the report, after the American Petroleum Institute (API) on Tuesday estimated a surprise 7.1-million-barrel Crude oil inventories in the United States increased by 7.1 million-barrel…

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U.S. Crude Inventories Post Massive Draw of 11.5M Barrels

OilPrice

Energy Information Administration (EIA) released on Wednesday. The American Petroleum Institute (API) on Tuesday had estimated a 10.133-million-barrel drop for the week ending June 13 after analysts had estimated… Crude oil inventories in the United States fell by 11.5 The drop brings commercial stockpiles to 420.9

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Crude Oil Inventories Spike Threaten Price Rally

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, gaining an additional 7.1 So far this year, crude oil inventories are up 11 million barrels, according to Oilprice calculations of API data. million-barrel draw.

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US Crude Oil Inventories See Another Sharp Draw  

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again, this time by 4.277 million barrels in the week ending June 20 after analysts had estimated a much more conservative 600,000-barrel draw. million barrels, according to Oilprice calculations of API data.

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Oil Jumps on Significant Crude, Product Inventory Slide

OilPrice

Energy Information Administration (EIA) released on Wednesday. The American Petroleum Institute (API) on Tuesday had estimated a 4.277-million-barrel drop for the week ending June 20 after analysts had estimated a much smaller 600,000-barrel… Crude oil inventories in the United States fell by 5.8

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Oil Falls as U.S. Crude, Gasoline Inventories Rise

OilPrice

Energy Information Administration (EIA) released on Wednesday. The American Petroleum Institute (API) on Tuesday had estimated a 680,000-barrel build for the week ending June 27 after analysts had estimated a much smaller 2.26-million-barrel… Crude oil inventories in the United States increased by 3.8

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Gasoline, Distillate Builds Spook Oil Markets

OilPrice

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again this week, this time by 370,000 barrels in the week ending June 6 after analysts had estimated a 700,000-barrel build. The API reported a 3.3 million barrel inventory decrease in the prior week.