OilPrice
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, shrinking by 2.4 million barrels in the week ending August 15. Analysts had expected a 1.2-million-barrel draw. So far this year, crude oil inventories are up nearly 8 million barrels…
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US Crude Oil Inventories—and Prices—Contract
Maribel Mischke
05:26
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, shrinking by 2.4 million barrels in the week ending August 15. Analysts had expected a 1.2-million-barrel draw. So far this year, crude oil inventories are up nearly 8 million barrels…
