Tuesday, 15 November 2016

API says crude stocks up 3.65 million barrels last week - Sean Seshadri

The American Petroleum Institute (API) said Tuesday crude oil inventories rose 3.65 million barrels last week, building on an increase of 4.4 million barrels the previous week and rose more than expected.
API reports build
Gasoline inventories recorded a slight draw of 160,000 barrels in the week while there was an increase in distillate inventories of 3.0 million barrels, the first gain in six weeks.
Cushing recorded a build of 1.13 million barrels after a slight increase the previous week.

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