Crude oil inventories in the United States decreased by 3.8 million barrels during the week ending June 26, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.072 million barrels in the week ending June 26. In the week prior, US…

US crude oil inventories fell to their lowest since September 2018. Crude oil reaching a new all-time high by December 31 at 9.5% YES.

U.S. Crude Oil Inventories Extend Decline