API data News

US Crude Oil Inventories See a Significant Drop: What Does It Mean for the Economy?

The US crude oil inventories fell by 1 million barrels last week, with Cushing reserves growing by 636,000 barrels. Gasoline stocks rose slightly, while distillates saw a sharp dec...

Surprising 6 Million Barrel Surge in US Crude Inventories Sparks Market Speculation

The United States has witnessed a notable 6.037 million barrel increase in crude oil inventories, alongside mixed changes in distillate and gasoline stockpiles, and a significant r...

US Crude Oil Inventories Rise Slightly Less Than Expected

US crude oil inventories increased by 499,000 barrels, slightly less than expected, according to API data. Cushing reserves declined, while gasoline and distillate reserves rose.

US Crude Oil Inventories Surge: What Does It Mean for the Market?

US crude oil inventories increased by 1.232 million barrels in the week ending November 29, according to API data. This rise exceeds expectations and could impact the oil market. R...