US Gasoline, Distillate Inventories Continue to Fall as Crude Stocks Hold

U.S. crude stockpiles rose 1.8M barrels last week, API says (USO:NYSEARCA)

The American Petroleum Institute reportedly shows a build of 1.78M barrels of oil in US commercial stockpiles for the week ending September 18.

Oil Holds Highs After Total Crude Stocks Rose, US Production & Gasoline Demand Dipped

Oil Holds Highs After Total Crude Stocks Rose, US Production & Gasoline Demand Dipped Oil prices reversed initial losses (Brent back above $100) on Wednesday amid persistent Middle East supply risks, as investors weighed the prospect of improved Saudi export flows and U.S.-Iran diplomacy against the potential for further disruptions. Saudi Arabia has begun testing its East-West pipeline for structural integrity and pressure, a step toward restor…

US Gasoline, Distillate Inventories Continue to Fall as Crude Stocks Hold

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 1.786 million barrels in the week ending September 18. In the week prior, US crude oil inventories grew by a substantial 7.14 million barrels. Commercial crude oil inventories excluding the SPR have lost 39 million barrels over the last 23 weeks, but US crude inventories are up nearly 12 million for the year, according to API data, kept in ch…

Preliminary Estimate Shows U.S. Crude Inventories Rose 1.786 Million Barrels

Cushing crude stocks increased by 2.082 million barrels, while gasoline and distillate inventories declined during the week ended Sept. 18.

US crude oil inventories rise unexpectedly, defying analyst forecasts for a draw

US crude oil inventories rose 1.786 million barrels, defying forecasts for a draw. Cushing stocks surged while gasoline and distillate supplies