API says US oil inventories fell 7.5 million barrels last week

2019-06-25 21:43:14 GMT (Economies.com)

According to preliminary data released by the American Petroleum Institute (API), oil inventories in the US fell by 7.5 million barrels last week, while markets expected a drop by 3 million barrels.

 

The unofficial data showed that gasoline stocks fell by 3.2 million barrels while distillate stocks rose by 160,000 barrels last week.

 

This comes ahead of the release of official data from the Energy Information Administration (EIA) tomorrow, which affect the movements of the crude prices.

 
 
 
  Symbol Last Change Chg.%
1.1260
-0.0013
0.1171%
1.2516
-0.0059
0.4680%
15.389
0.171
1.124%
59.547
-0.785
1.301%
66.47
0.00
0.00%
1413.375
-2.120
0.150%
 
 
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