Sharktooth
Oct 16, 1:54 AM
$PR Grok:API is the American Petroleum Institute. It reports weekly estimates of US crude oil stockpiles.
This week's number: inventories fell 11.12 million barrels.
Analysts expected a build of +1.9 million. Prior week was a 2.1 million drop.
A large unexpected draw signals tighter supply or stronger demand and often supports higher oil prices.
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