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U.S. Crude Oil Inventories Fall 8.33 Million Barrels in Week Ending June 12
API data showed a larger-than-expected draw while SPR stocks reached their lowest level since 1983. Brent and WTI crude prices fell more than 4 percent on the day.
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Developing·Limited corroboration so far. This page will refresh as more sources emerge.
S. 33 million barrels in the week ending June 12, the American Petroleum Institute reported. 5 million barrel decline. 119 million barrel drop the previous week.
Inventories have now declined by 52 million barrels over the nine weeks ending June 12. 4 million barrels, according to API figures. S. 9 million barrels during the same week.
3 million barrels, the lowest level since 1983 and 385 million barrels below maximum capacity. S. 707 million barrels per day the prior week, Energy Information Administration data showed.
Output was 371,000 barrels per day higher than the same week a year earlier. 3 million barrel increase the prior week.
M. 72 percent.
57 percent.
Transparency
1 source · single source
CorroborationModerate · 1 source
