API Reports Significant Draw in Crude Oil Inventories ...Middle East

OILPRICE - Economy
API Reports Significant Draw in Crude Oil Inventories
source : OILPRICE ( Middle East ) () 37
Crude oil inventories in the United States fell this week by 6.490 million barrels for the week ending May 17, according to The American Petroleum Institute (API).  For the week prior, the API reported a 2.48 million barrel hike in crude inventories. On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose by 0.5 million barrels as of May 24. Inventories are now at 369.3 million barrels, well below the 656 million barrels in inventory in June 2020. Oil prices were trading…

Hence then, the article about api reports significant draw in crude oil inventories was published today ( ) 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 ( API Reports Significant Draw in Crude Oil Inventories )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
NEXCOM Brings Expanded Edge, Security, and Quantum-Resistant Innovations to MWC Barcelona 2026
PR Newswire - before 7 hours & 33 minute
Federal Judge Clears Orsted to Resume Work on Revolution Wind
OILPRICE - before 2 hours & 4 minute
Enrique Patrickson appointed as new Chief Financial Officer of Hexagon
PR Newswire - before hour & 58 minute
Unrest in Iran Pushes Oil Prices Higher
OILPRICE - before 4 hours & 9 minute
ZTE Recognized on CDP Climate A List for Third Consecutive Year, Ranking Among the Global Top 4%
PR Newswire - before hour & 17 minute
Where The Middle East’s Next 20 Billion Barrels Are Coming From
OILPRICE - before 9 hours & 38 minute
Royal Mint unveils new 50p coin to mark 50th anniversary of first Concorde flight
INDEPENDENT - before 4 hours & 5 minute
Egypt eyes $40 billion annual revenue in massive tourism overhaul
EGYPT INDEPENDENT - before 11 hour & 13 minute
Oil rises amid fears of supply disruptions
SABA NET - before 2 hours & 45 minute
Infortrend lance le serveur IA en périphérie, qui apporte l'IA à la périphérie sans configuration complexe
PR Newswire - before hour & 31 minute
K1 Exits TechnoMile, a Category-Leading Platform for Government Contractors
PR Newswire - before 10 hours & 34 minute
Cold Weather in China and Europe Tightens the LNG Spot Market
OILPRICE - before hour & 13 minute


Latest News

aulumu Showcases High-Performance Design Philosophy at CES 2026 with G09 and M10

before 11 minute

Russia’s Oil Flows Pivot East as China Buys More and India Pulls Back

before 17 minute

BNI Unifies Global Trade Finance on Finastra's Trade Innovation, significantly accelerating customer onboarding

before 25 minute

Catastrophe Risk Management Platform KatRisk Acquires Symfos to Accelerate Next-Generation Underwriting and Portfolio Risk Intelligence

before 37 minute

Cold Weather in China and Europe Tightens the LNG Spot Market

before hour & 13 minute

ZTE Recognized on CDP Climate A List for Third Consecutive Year, Ranking Among the Global Top 4%

before hour & 17 minute

Infortrend lance le serveur IA en périphérie, qui apporte l'IA à la périphérie sans configuration complexe

before hour & 31 minute

APh ePower Secures 2025 R&D 100 Award for Pioneering Elevator Energy Recovery

before hour & 44 minute

Enrique Patrickson appointed as new Chief Financial Officer of Hexagon

before hour & 58 minute

Federal Judge Clears Orsted to Resume Work on Revolution Wind

before 2 hours & 4 minute

Le chiffre d'affaires de HCLTech pour le 3e trimestre de l'exercice 26 augmente de 4,2 % par rapport au trimestre précédent (à taux de change constant), le chiffre d'affaires annualisé dépassant les 15 milliards de dollars ; le carnet de co

before 2 hours & 37 minute

Oil rises amid fears of supply disruptions

before 2 hours & 45 minute

InfiMotion Technology presenta soluciones líderes de propulsión eléctrica en CES 2026

before 3 hours & 47 minute

Royal Mint unveils new 50p coin to mark 50th anniversary of first Concorde flight

before 4 hours & 5 minute

Unrest in Iran Pushes Oil Prices Higher

before 4 hours & 9 minute