Investing.com – U.S. oil inventories rose sharply last week, according to a private survey from the American Petroleum Institute released after the bell Tuesday.
- The API reported that crude inventories rose by about 6 million barrels for the week ended Nov. 15.
- Crude Oil fell 3% before the report’s release and may be pressured again on Wednesday.
- Analysts are expecting that the U.S. Energy Information Administration’s weekly inventory data will show a rose of 1.5 million barrels in crude stocks for the week ended Nov. 15.
Read more at : https://www.investing.com/news/commodities-news/newsbreak-crude-stockpiles-rise-6m-last-week–api-2023912
