Oil Stockpiles Fell 4.2 Million Barrels Last Week: API By ...

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API also reported, besides small increase in crude oil inventory mentioned in the article, sizable decreases in gasoline and distillate inventories. It means that, in total, this report is not ... Investing.com -- Crude stockpiles declined again last week, according to estimates by the industry's American Petroleum Institute. Oil inventory fell 4.26 million barrels, after a draw of 4.4 million the previous week, the API said. The industry report precedes government data, scheduled for release every Wednesday at 8:30 AM ET (1230 GMT). API Weekly Crude Oil Stock Discussion Comment Guidelines We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. Investing.com -- Oil inventory fell 6.8 million barrels last week, according to the American Petroleum Institute. The week's trend nearly reverses the prior week's 7.5 million build in crude stockpiles and beat expectations for a draw of 1.2 million barrels. The industry's report comes just before Wednesday's release of weekly government data ... API’s Weekly Statistical Bulletin (WSB) has reported total U.S. and regional data relating to refinery operations and the production of the four ma... API Weekly Crude Oil Stocks slipped from 8.731 million barrels to -0.483 million barrels. Weak US dollar, optimism surrounding economic re-open and hopes extended output cut by the OPEC+ favor bulls. Stocks of crude oil in the United States dropped by 5.15 million barrels in the week ended November 6th of 2020, following a 8.01 million drop in the previous week and marking the second straight weekly loss, data from the American Petroleum Institute showed. API Crude Oil Stock Change in the United States averaged 0.37 BBL/1Million from 2012 until 2020, reaching an all time high of 14.30 BBL ... Weekly DOE inventory data. WTI crude oil is trading near the levels before the release at $54.30. The private API data released late yesterday showed: By Greg Michalowski Weekly DOE inventory data for October 2, 2020 week - Crude oil inventories 501K vs. -1200K estimate - Gasoline inventories -1435K vs. -500K estimate The private API data last night showed: By Greg ... Oil: Crude oil futures are notably firmer this morning with Brent crude up over 1% following yesterday’s API crude oil inventory data. The report showed a larger than expected crude drawdown of ...

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Forex Strategy: How to Trade Oil (Brent Crude & WTI/USD ...

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