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


By Gao Lu
  • World
  • Wednesday, 12 Aug 2020

HOUSTON, Aug. 11 (Xinhua) -- The American Petroleum Institute (API) on Tuesday reported a decrease of 4.4 million barrels of crude oil in the U.S. crude oil inventories for the week ending Aug. 7.

API reported a decrease of 8.587 million barrels of crude oil inventories for the previous week ending July 31 while the U.S. Energy Information Administration (EIA) reported a fall of 7.4 million barrels.

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