10/4, 10:33 PM (Source: TeleTrader)
more TeleTrader news

Report: US oil inventories down by 1.77M barrels

The inventories of crude oil in the United States decreased by 1.77 million barrels in the week ending September 30, the American Petroleum Institute (API) reportedly said in its private data published on Tuesday.

On the other hand, reserves in Cushing, Oklahoma, were reported to have increased by 925,000 barrels.

The stockpiles of gasoline went down by 3.747 million barrels, while those of distillates declined by 4.046 million barrels.

Baha Breaking News (BBN) / JR