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


By Gao Lu
  • World
  • Wednesday, 13 Jan 2021

HOUSTON, Jan. 12 (Xinhua) -- The American Petroleum Institute (API) on Tuesday reported a decrease of 5.821 million barrels of crude oil in the U.S. crude oil inventories for the week ending Jan. 8.

API reported a decrease of 1.663 million barrels of crude oil inventories for the previous week ending Jan. 1 while the U.S. Energy Information Administration (EIA) reported a fall of 8.0 million barrels.

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