‎API: US crude inventories rise 2.8 million barrels

‎API: US crude inventories rise 2.8 million barrels ‎API: US crude inventories rise 2.8 million barrels

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US crude inventories increased by 2.78 million barrels in the week ended October 3, according to estimates from the American Petroleum Institute (API). However, gasoline and distillate stocks declined, offering mixed signals about fuel demand.

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The API said in its weekly report released Tuesday that commercial crude inventories rose by 2.78 million barrels last week.

 

Oil tanks

US crude inventories increased by 2.78 million barrels in the week ended October 3, according to estimates from the American Petroleum Institute (API). However, gasoline and distillate stocks declined, offering mixed signals about fuel demand.

The API said in its weekly report released Tuesday that commercial crude inventories rose by 2.78 million barrels last week.

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