This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 6.432 million barrels, after analysts predicted a much smaller 3.40 million barrel draw. U.S. crude inventories shed a total of some 75 million barrels over the course of 2021. In the previous week, the API reported a draw in oil inventories of 3.
09 million barrels after analysts had predicted a draw of 3.233 million barrels. Oil prices were trading up on Tuesday in the run-up to the data release, after OPEC+ decided on Tuesday to increase its…EU Law Will Equip New Cars With A Device That Collects Driving Data
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