HOUSTON, April 13 (Xinhua) -- The American Petroleum Institute (API) on Tuesday reported a decrease of 3.608 million barrels of crude oil in the U.S. crude oil inventories for the week ending April 9.
API reported a decrease of 2.618 million barrels of crude oil inventories for the previous week ending April 2 while the U.S. Energy Information Administration (EIA) reported a fall of 3.5 million barrels.
Oil prices climbed on Tuesday, boosted by multiple tailwinds.
The West Texas Intermediate for May delivery added 48 cents to settle at 60.18 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery increased 39 cents to close at 63.67 dollars a barrel on the London ICE Futures Exchange. Enditem
Go to Forum >>0 Comment(s)