The U.S. Energy Information Administration (EIA) has reported a 2.5-million-barrel reduction in U.S. crude oil inventories, once again in contraction with American Petroleum Institute (API) figures ...

WTI crude futures didn't move higher today after the Energy Information Administration confirmed the substantial inventory draw estimated by the American Petroleum Institute on Tuesday. After the ...

The U.S. Energy Department's inventory release showed that crude stockpiles recorded a weekly draw but product inventories (gasoline and distillate) rose sharply. Amid these conflicting signals, the ...

Aside from that balance, the API also noted a 1.005M barrel decline at the Cushing, Oklahoma delivery point for U.S. crude, versus the previous week’s draw of 0.547M. Cushing storage levels have ...

At 14:30 GMT, the EIA will release its weekly inventories report. It is expected to show a 1.4 million barrel draw down. We could see above average volatility with the release of today’s numbers since ...

The latest weekly American Petroleum Institute (API) inventory data for the week ending March 31st reported a draw of 1.83 million barrels. This followed a build of 1.91 million barrels last week and ...