The American Petroleum Institute (API) has reported a sizable draw on U.S. crude oil inventories, down 7.4 million barrels over the previous week—a much larger draw that expected, and the fifth draw ...

Oil prices inched up on Tuesday in a low volume trading session after the American Petroleum Institute’s (API) weekly report showed a larger than expected draw of 4.15 million barrels to the United ...

Crude oil prices are likely to be supported early Wednesday by the surprise API drawdown as investors await the release of the weekly U.S. Energy Information Administration report at 14:30 GMT.

WTI and RBOB prices slipped lower today after EIA raised its 2017 US crude output forecast (and the dollar rallied) along with Libya production headlines. WTI bounced on a much bigger than expected ...

The API reported late Tuesday a draw in crude oil inventories of 4.785 million barrels for the week-ending December 25. U.S. West Texas Intermediate and international-benchmark Brent crude oil futures ...

U.S. West Texas Intermediate crude oil futures finished lower on Tuesday despite the American Petroleum Institute (API) reporting a larger-than-expected draw this week for crude oil of 3.479 million ...