API Data Shows Significant Increase in U.S. Crude Oil Inventories
API data reveals huge rise in US crude oil inventories Crude oil inventories in the US rose by 10.9mbbl during the week ended 4 October, data from the API showed. The body, the largest US trade association for the oil and gas industry, reported that gasoline inventories fell by 557,000bbl. Meanwhile, distillate inventories also declined […]