Oil prices drop on larger-than-expected crude construction – OilPrice.com

Oil prices drop on larger-than-expected crude construction – OilPrice.com

The American Petroleum Institute (API) on Tuesday reported an increase in crude oil inventories of 951,000 barrels for the week ending October 2. Analysts had predicted an inventory of 400,000 barrels. In the previous week, API reported a drop in crude oil inventories of 831,000 barrels, after analysts predicted a drawdown of 2.325 million barrels. […]

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