Investing.com – U.S. oil inventories fell last week, according to a private survey from the American Petroleum Institute released after the bell Wednesday.
- The API reported that crude inventories fell by about 500,000 for the week ended Nov. 8.
- Crude oil prices popped 1.11% following the report after settling 0.6% higher.
- Analysts are expecting that the Energy Information Administration’s government data will show a rise of 1.65 million barrels in crude stocks for the week ended Nov. 8.
Read more at : https://www.investing.com/news/commodities-news/newsbreak-crude-stockpiles-down-500000-last-week–api-2020196
