Oil Rises On Bullish API Inventory Report ...Middle East

The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 439,000 barrels for the week ending May 21. Analysts had predicted a draw of 1.050 million barrels for the week. In the previous week, the API reported a modest build in oil inventories of 620,000 barrels after analysts had predicted a larger build of 1.680 million barrels. Since the start of 2020, crude oil inventories have grown by more than 50 million barrels, according to API data. Oil prices started off the day trading slightly down but returned to…

Hence then, the article about oil rises on bullish api inventory report was published today ( Wednesday 26/05/2021 - 12:46 AM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Rises On Bullish API Inventory Report )

Also on site :

• Sequential™ Raises $3.5M to Build AI-Powered Discovery Platform for Multi-Omic Testing and Next-Generation Skin Health Ingredients
• Shoplazza Adopts Agentic Commerce Architecture to Power AI-Driven E-commerce Operations
• Doceree Builds Strategic Growth Team with Paresh Rajpurohit and Andreas Tsitsos, Accelerates M&A Focus