Oil storage tanks
US commercial crude inventories recorded a large decline in the week ended Oct. 9, according to American Petroleum Institute (API) estimates, coupled with lower distillate stocks. 
The US crude oil inventories fell by 11.1 million barrels last week,the API report, released on Oct. 14, showed.
Distillate stocks declined about 1.5 million barrels, while petrol inventories rose 1.1 million barrels in the same period.
The report’s release was delayed from its usual Tuesday schedule due to the federal holiday in the US at the start of the week.
Upon Wednesday’s settlement, December Brent crude futures rose 0.35% to $106.06 a barrel, while November US Nymex crude futures gained 1% to $95.09 a barrel.
Oil storage tanks
US commercial crude inventories recorded a large decline in the week ended Oct. 9, according to American Petroleum Institute (API) estimates, coupled with lower distillate stocks.
The US crude oil inventories fell by 11.1 million barrels last week,the API report, released on Oct. 14, showed.
Distillate stocks declined about 1.5 million barrels, while petrol inventories rose 1.1 million barrels in the same period.
The report’s release was delayed from its usual Tuesday schedule due to the federal holiday in the US at the start of the week.
Upon Wednesday’s settlement, December Brent crude futures rose 0.35% to $106.06 a barrel, while November US Nymex crude futures gained 1% to $95.09 a barrel.
