Inside Financial Markets

U.S. API Weekly Crude Stock -3.900M vs. 2.000M forecast

U.S. API Weekly Crude Stock -3.900M vs. 2.000M forecast
U.S. API weekly crude stocks fell unexpectedly last week, official data showed on Tuesday.

In a report, American Petroleum Institute said that U.S. API Weekly Crude Stock fell to -3.900M, from -5.600M in the preceding week.

Analysts had expected U.S. API Weekly Crude Stock to rise 2.000M last week.

Ahsan Baig

The Canadian Securities Institute

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