US oil inventories fall more than 3M barrels last week: API

25/12/2024 Argaam
Oil tanks

Oil tanks

US oil inventories fell by 3.2 million barrels during the week ended Dec. 20, data from the American Petroleum Institute (API) showed.

 

Gasoline inventories rose by 3.9 million barrels last week, while distillate inventories—which include diesel and heating oil—fell by about 2.5 million barrels.

 

Meanwhile, Brent crude futures for February 2025 delivery rose 1.3%, or 95 cents, to close $73.58 a barrel on Dec. 24.

 

WTI crude futures for February 2025 delivery climbed 1.25%, or 86 cents, to $70.10 a 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.