US oil inventories reportedly down by 3.84M barrels - Breaking The News

US oil inventories reportedly down by 3.84M barrels

7 March

1 min read

EPA-EFE/JUSTIN LANE

Crude oil inventories in the United States decreased by 3.84 million barrels in the week that ended March 3, private data from the American Petroleum Institute (API) reportedly showed on Tuesday.

Reserves in Cushing, Oklahoma, allegedly rose by 24,000 barrels. Meanwhile, gasoline stockpiles surged by 1.84 million barrels, and distillate inventories increased by 1.97 million barrels, according to the report.

oil data api

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