Refined product inventories decline in week to March 13: API
US crude oil inventories increased by 6.56 million barrels in the week ended March 13, the American Petroleum Institute (API) said on March 17. 
However, refined product inventories declined.
Similarly, gasoline and distillate stocks also decreased by 4.56 million barrels, and 1.39 million barrels, respectively.
Markets are awaiting the release of official data from the US Energy Information Administration (EIA) today, March 18, amid expectations for a slight decline of around 49,000 barrels
Brent crude futures for May delivery closed yesterday 3.20%, or $3.21, higher at $103.42 per barrel.
Meanwhile, US WTI crude futures for April delivery climbed 2.90%, or $2.71, to $96.21 per barrel.
Refined product inventories decline in week to March 13: API
US crude oil inventories increased by 6.56 million barrels in the week ended March 13, the American Petroleum Institute (API) said on March 17.
However, refined product inventories declined.
Similarly, gasoline and distillate stocks also decreased by 4.56 million barrels, and 1.39 million barrels, respectively.
Markets are awaiting the release of official data from the US Energy Information Administration (EIA) today, March 18, amid expectations for a slight decline of around 49,000 barrels
Brent crude futures for May delivery closed yesterday 3.20%, or $3.21, higher at $103.42 per barrel.
Meanwhile, US WTI crude futures for April delivery climbed 2.90%, or $2.71, to $96.21 per barrel.
