U.S. Oil Inventories Jump as Cushing Stocks Keep Falling

Stocks, bonds hold ground before Fed; oil slips: Markets wrap

Some relief came as Brent dropped 0.6% to about $108.10 a barrel as a rally driven by supply disruptions left gains looking overdone, and a US industry report pointed to a rise in stockpiles

U.S. crude stockpiles rose 7.1M barrels last week, API says (USO:NYSEARCA)

The American Petroleum Institute reportedly shows a build of 7.14M barrels of oil in US commercial stockpiles for the week ending September 11.

U.S. Oil Inventories Jump as Cushing Stocks Keep Falling

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by a very large 7.14 million barrels in the week ending September 11. In the week prior, US crude oil inventories fell by 300,000 barrels. Commercial crude oil inventories excluding the SPR have lost just over 41 million barrels over the last 22 weeks, with US crude inventories up nearly 10 million for the year, according to API data, kept in ch…

US oil inventories reportedly up by 7.1M barrels

Crude oil inventories in the United States rose by 7.1 million barrels in the week that ended September 11, private data from the American Petroleum Institute (API) allegedly revealed on Tuesday.In th...