The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.072 million ...

- **Sharp weekly shift**: The latest API indicator shows a sizeable inventory increase, reversing the prior week’s draw and suggesting a rapid change in supply–demand balance. - **Market pressures ...

Editor’s Note: While the API initially reflected a huge crude build, Reuters data released shortly after painted a starkly different picture, indicating a U.S. crude inventory build of 800,000 barrels ...

API reports that crude inventories fell 4M barrels last week. Gasoline inventories fell 6.3M barrels, according to Bloomberg, citing people familiar with the data. API’s Weekly Statistical Bulletin is ...