Oil prices rally with high crude consumption
Oil prices rally with high crude consumption
The American Petroleum Institute (API) on Tuesday reported a decline in crude oil inventories of 5.821 million barrels for the week ending Jan.8. Analysts had predicted an inventory drawdown of 2.266 million barrels for the week. The previous week, API reported an oil inventory drawdown of 1.663 million barrels, after analysts predicted a drawdown of […]
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