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U.S. crude supply fell 9.2M barrels last week, API says

Published 08/15/2017, 04:57 PM
© Reuters.  U.S. crude supply fell 9.2M barrels last week, API says
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  • The API reported a draw of 9.2M barrels of crude oil for the week ending August 11 vs. last week's draw of 7.84M barrels.
  • Gasoline showed a build of 300K barrels and distillates showed a draw of 2.17M barrels.
  • September crude popped $0.21/bbl initially following the data to $47.84, and is now up $0.11 at $47.70/bbl.
  • ETFs: USO, OIL, UWT, UCO, DWT, SCO, BNO, DBO, UGA, DTO, USL, DNO, OLO, SZO, OLEM, OILK, WTIU, OILX, WTID, USOI
  • Now read: Brent Vs. WTI Rises To The Highest Level Since 2015

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