Industry Weekly Report: US API crude oil inventories sharply decreased by over 11 million barrels last week
According to data from the American Petroleum Institute (API), last week, U.S. API crude oil inventory -11.079 million barrels, the previous week +247,000 barrels.
Last week, API Cushing crude oil inventory -1.394 million barrels, previous value +-92,000 barrels.
Last week, API refined oil gasoline inventory +4.736 million barrels (previous value -415,000 barrels), distillate inventory -4.811 million barrels (previous value +2 million barrels)
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