API announces unexpected jump in US oil inventories

2019-08-13 23:01:43 GMT (Economies.com)

American Petroleum Institute (API) released preliminary data today which showed that US oil inventories rose by about 3.7 million barrels last week, beating forecasts of a decline by 2.7 million barrels.

 

Gasoline inventories rose by 3.7 million barrels last week, while distillate inventories fell by 1.3 million barrels.

 

The official data on oil inventories will be released tomorrow by the US Energy Information Administration (EIA).

 
 
 
  Symbol Last Change Chg.%
1.1138
-0.0028
0.2552%
1.2918
-0.0034
0.2594%
Tadawul
7887.36
14.62
0.19%
17.555
0.010
0.055%
55.465
1.758
3.272%
61.17
1.47
2.46%
1492.905
2.750
0.184%
 
 
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