16JAN2019 - NEWS - Latest report from American Petroleum Institute shows minor crude draw

The American Petroleum Institute reported  on Tuesday a crude oil inventory draw of 650,000 barrels for the week ending Jan 11, compared to analyst expectations that we would see a draw in crude oil inventories of at least 2.5 million barrels. The The American Petroleum (API), however, also reportedly showed that gasoline stockpiles climbed by 6 million barrels, while distillate inventories rose 3.2 million barrels.

Published by Editor - www.Livebunkers.com at 16-Jan-2019 09:17:40 [UTC] , contact editor at editor@livebunkers.com