The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 622,000 barrels in the week ending August 22. Analysts had expected a 3.4-million-barrel draw.

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 ...

Mumbai, May 6 -- Energy Preview: US crude oil inventories down by 8.1 million barrels, says API The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by ...