US oil inventories fell by more than 5.5M barrels last week: API

13/03/2024 Argaam
Oilbarrels

Oil barrels

US oil inventories fell by 5.52 million barrels during the week ended March 8, the American Petroleum Institute (API) said in its weekly report.

 

Gasoline stocks decreased by 3.75 million barrels during the past week, while distillate stocks—including diesel and heating oil—fell by about 1.16 million barrels.

 

Meanwhile, Brent crude futures for May delivery fell 0.35%, or 29 cents, to close at $81.92 per barrel on March 12.

 

WTI crude for April delivery lost 0.45%, or 37 cents, to $77.56 per barrel.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.