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👤Nurudeen Amedu
🕔October 19, 2016
Oil prices edged higher on Tuesday as the market anticipated an output cut from the Organization of Petroleum Exporting Countries (OPEC), and further extended its gains in post-settlement trade as the American Petroleum Institute’s (API) data last week revealed a surprising dip in the US crude inventories.…
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👤Nurudeen Amedu
🕔October 13, 2016
The most recent data release from the American Petroleum Institute (API) reported a build of 2.7 million barrels in crude inventory in spite of the expectation for a smaller build in the latest data. This was on the trail of the previous 7.6 million barrel slump recorded in the previous week.…
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👤Nurudeen Amedu
🕔September 14, 2016
The most recent release coming from the American Petroleum Institute (API) weekly inventory data reported a rise of 1.4 million barrels for last week. On the trail of a huge 12.1 million barrel draw in the week before, market analysts had forecasted a larger rise of over 4 million barrels.…
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