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

U.S. crude oil inventories down last week: API
# 19 April 2023 09:36 (UTC +04:00)

The American Petroleum Institute (API) on Tuesday reported a decrease of 2.675 million barrels of crude oil in U.S. inventories for the week ending April 14, APA-Economics reports citing Xinhua.

Analysts expected a drop of 2.464 million barrels for this week.

The API reported a hike of 0.377 million barrels in the previous week.

U.S. oil prices edged up slightly on Tuesday as the market digested the latest macroeconomic data from major economies.

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