12/28/2022, 10:37 PM (Source: TeleTrader)
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US oil inventories reportedly down by 1.3M barrels

Crude oil inventories in the United States decreased by 1.3 million barrels in the week that ended December 23, private data from the American Petroleum Institute (API) reportedly showed on Wednesday.

Reserves in Cushing, Oklahoma, allegedly slipped 338,000 barrels. Meanwhile, gasoline stockpiles were up by 510,000 barrels, and distillate inventories increased by 38,000 barrels, according to the report.

Baha Breaking News (BBN) / AB