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8/1/2023, 10:37 PM (Source: TeleTrader)
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US oil inventories allegedly shrink by 15.4M barrels

Crude oil inventories in the United States decreased by 15.4 million barrels in the week that ended July 28, private data from the American Petroleum Institute (API) reportedly showed on Tuesday.

Reserves in Cushing, Oklahoma, allegedly contracted by 1.76 million barrels. Gasoline stockpiles shrank by 1.68 million barrels, while distillate inventories declined by 512,000 barrels, according to the reported data.

Baha Breaking News (BBN) / MS