American oil reserves saw a significant drop last week. Crude oil inventories decreased by 3.3 million barrels. Gasoline stocks also fell by 2.6 million barrels. Distillate stockpiles, including diesel, declined by 2.1 million barrels. These reductions occurred as demand for these products surged. Oil futures initially reacted to news but later recovered.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 2.8 million barrels in the week ending May 22. In the week prior, US crude…

Crude oil inventories in the United States decreased by 3.3 million barrels during the week ending May 22, according to new data from the U.S. Energy Information Administration…

American oil reserves saw a significant drop last week. Crude oil inventories decreased by 3.3 million barrels. Gasoline stocks also fell by 2.6 million barrels. Distillate…

Os estoques americanos da commodity recuaram 3,327 milhões de barris, na semana encerrada na última sexta-feira (22), informou o Departamento de Energia (DoE) dos EUA