Quantcast
Channel: Oil & Companies News – Hellenic Shipping News Worldwide
Viewing all articles
Browse latest Browse all 2163

API weekly crude stock sees unexpected surge, indicating weaker demand

$
0
0
The American Petroleum Institute (API) reported a significant increase in its weekly crude stock, reflecting a possible weakening in demand for petroleum products. The actual inventory level surged to 10.900 million barrels, a stark contrast to the forecasted 1.950 million barrels. This unexpected rise in crude inventories far exceeded the predicted figures, indicating a potential ...

Viewing all articles
Browse latest Browse all 2163

Trending Articles