From Julianne Geiger: The American Petroleum Institute (API) reported a major draw of 5.78 million barrels in United States crude oil inventories, compared to analyst expectations of a draw of 1.75 ...
The American Petroleum Institute (API) has reported a sizable draw on U.S. crude oil inventories, down 7.4 million barrels over the previous week—a much larger draw that expected, and the fifth draw ...
Crude oil prices are likely to be supported early Wednesday by the surprise API drawdown as investors await the release of the weekly U.S. Energy Information Administration report at 14:30 GMT.
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