Crude oil inventories in the United States decreased this week by 2.408 million barrels, the American Petroleum Institute (API) data showed on Tuesday, after falling by 1.246 million barrels in the week prior. Analysts were expecting a smaller 1.467-million-barrel draw in U.S. crude-oil inventories. The total number of barrels of crude oil gained so far this year is nearly 36 million barrels according to API data, although the net draw in crude inventories since April is more than 8 million barrels. On Monday, the Department of Energy (DoE) reported…
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