The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.072 million ...
- **Sharp weekly shift**: The latest API indicator shows a sizeable inventory increase, reversing the prior week’s draw and suggesting a rapid change in supply–demand balance. - **Market pressures ...
Editor’s Note: While the API initially reflected a huge crude build, Reuters data released shortly after painted a starkly different picture, indicating a U.S. crude inventory build of 800,000 barrels ...
Mumbai, May 6 -- Energy Preview: US crude oil inventories down by 8.1 million barrels, says API The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by ...