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

OilPrice

Crude oil inventories in the United States fell by 11.5 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… The drop brings commercial stockpiles to 420.9

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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.

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

OilPrice

Crude oil inventories in the United States fell by 4.3 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. On Tuesday, the American Petroleum Institute (API) reported a drop of 3.3

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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. million barrels again to 396.7

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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 So far this year, crude oil inventories have climbed more than 16 million barrels, according to Oilprice calculations of API data. 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 So far this year, crude oil inventories have climbed nearly 23 million barrels, according to Oilprice calculations of API data.

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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.