Tag: American Petroleum Institute (API)

By Julianne Geiger The American Petroleum Institute (API) has reported a build of 1.586 million barrels in U.S. crude inventories, compared to last week’s large 5.25-million-barrel...

By Julianne Geiger Oil prices saw another rise on Tuesday morning on optimistic forecasts published by the International Monetary Fund (IMF). On Tuesday, the IMF raised...

Both WTI and Brent dropped in early trading on Wednesday before recovering as traders weigh economic concerns and tightening supply. The API reported...

By Julianne Geiger  Crude oil inventories in the United fell this week by 6.083 million barrels, the American Petroleum Institute (API) data showed on Tuesday,...

Oil prices fell on early on Wednesday morning as recession fears resurfaced alongside expectations of another interest rate hike in May. The American...

By Julianne Geiger  Crude oil inventories in the United fell this week by 2.675 million barrels, the American Petroleum Institute (API) data showed on Tuesday, with...

After two days of losses triggered by fears of a banking sector meltdown after the collapse of Silicon Valley Bank, oil prices rebounded early...