API reports that crude inventories rose 4.29M barrels last week. Gasoline inventories fell 1.37M barrels, according to Bloomberg, citing people familiar with the data. API’s Weekly Statistical Bulletin is scheduled for release every Tuesday afternoon.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on USO:
- EIA natural gas storage change for week ending May 2
- Crude inventories for the week of May 2
- API crude inventories for week of May 2
- OPEC+ discusses roughly 400K barrel per day output increase, Bloomberg says
- Trump says buyers of Iranian oil won’t be allowed to do business with U.S.