Oil prices rebound on larger-than-expected drawdown – OilPrice.com
Oil prices rebound on larger-than-expected drawdown – OilPrice.com
The American Petroleum Institute (API) on Tuesday reported a drop in crude oil inventories of 5.272 million barrels for the week ending Jan. 22. Analysts had predicted a smaller inventory drawdown of 430,000 barrels for the week. In the previous week, API reported an increase in oil inventories of 2.562 million barrels, after analysts predicted […]
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