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


By Gao Lu
  • World
  • Wednesday, 30 Dec 2020

HOUSTON, Dec. 29 (Xinhua) -- The American Petroleum Institute (API) on Tuesday reported a decrease of 4.785 million barrels of crude oil in the U.S. crude oil inventories for the week ending Dec. 25.

API reported an increase of 2.700 million barrels of crude oil inventories for the previous week ending Dec. 18 while the U.S. Energy Information Administration reported a fall of 0.6 million barrels.

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