Suara Malaysia
ADVERTISEMENTFly London from Kuala LumpurFly London from Kuala Lumpur
Tuesday, November 5, 2024
More
    ADVERTISEMENTFly London from Kuala LumpurFly London from Kuala Lumpur
    HomeNewsHeadlinesU.S. crude oil inventories down last week: API

    U.S. crude oil inventories down last week: API

    -

    Fly AirAsia from Kuala Lumpur

    HOUSTON, Aug. 15 (Xinhua) — The American Petroleum Institute (API) on Tuesday reported a decrease of 6.195 million barrels of crude oil in U.S. inventories for the week ending Aug. 11.

    Analysts expected a drop of 2.050 million barrels for this week.

    The API reported a hike of 4.067 million barrels in the previous week.

    Oil prices settled lower on Tuesday.

    The West Texas Intermediate for September delivery dropped 1.52 dollars, or 1.84 percent, to settle at 80.99 U.S. dollars a barrel on the New York Mercantile Exchange.



    Credit: The Star : News Feed

    Wan
    Wan
    Dedicated wordsmith and passionate storyteller, on a mission to captivate minds and ignite imaginations.

    Related articles

    ADVERTISEMENTFly London from Kuala Lumpur

    Subscribe to Newsletter

    To be updated with all the latest news, offers and special announcements.

    Latest posts