Foreign news on June 6, according to data released by the American Petroleum Institute (API) on Tuesday, crude oil inventories in the United States decreased last week and finished oil storage increased.
As of the week ending June 2nd, crude oil inventories decreased by approximately 1.7 million barrels. Gasoline inventory increased by approximately 2.4 million barrels, while distillate inventory increased by approximately 4.5 million barrels.
Analysts had previously predicted that the inventory of crude oil depots increased by about 1 million barrels last week, gasoline inventory increased by about 900,000 barrels, and distillate inventory increased by about 1.3 million barrels.
