US crude oil inventories add more than 9M barrels last week: API

26/03/2024 ِArgaam
Oil tanks

Oil tanks

US crude oil inventories rose by 9.34 million barrels during the week ended March 22, American Petroleum Institute (API) data showed.

 

Gasoline stocks fell by 4.4 million barrels last week, while distillate stocks—including diesel and heating oil—rose by about 531,000 barrels.

 

Meanwhile, Brent crude futures for June delivery (the most active) fell 0.5%, or 45 cents, to close at $85.63 a barrel on March 26, recovering from intraday low of $85.45.

 

WTI crude for May delivery fell by 0.40%, or 33 cents, to $81.62 a barrel, after an earlier decline to $81.43.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.