US crude inventories fall less than expected - EIA
Economies.com
2021-05-12 14:53PM UTC
The US Energy Information Administration reported today that crude inventories fell 400K barrels to 484.7 million during the past week, while analysts forecast a drop by 4.1 million barrels.
Gasoline stocks rose 400K barrels to 236.2 million barrels, and distillate stocks fell 1.7 million to 134.4 million barrels.
While the American Petroleum Institute (API) revealed yesterday in preliminary data that the US crude inventories fell 2.5 million barrels during the same period.
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