Tag Archives: API

Oil markets retreat to API reports Large gasoline construction

A large built-in gasoline inventory that offset a modest draw of crude oil inventories cooled Cool Bulls sentiment in markets Tuesday afternoon The U.S. Petroleum Institute (API) reported Tuesday a 4.264 million-tonne inventory of crude inventory for the week ending August 14 – a near mirror of last week’s sign …

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About the board raises Send oil prices higher

The American Petroleum Institute (API) on Tuesday reported a mark in crude oil inventories of 4,401 million barrels for the week ending August 7. Analysts had forecast a modest inventory drawing of 2,875-million tons. Last week, the API reported a man-made drawing in crude oil inventories of 8.587 million barrels, …

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