U.S. crude stockpiles fell 4M barrels last week, API says

Jul. 26, 2022 5:44 PM ETThe United States Oil ETF, LP (USO)CL1:COMBy: Carl Surran, SA News Editor48 Comments
  • The American Petroleum Institute reportedly shows a draw of 4.04M barrels of oil for the week ending July 22.
  • Gasoline inventories reportedly show a draw of 1.06M barrels, distillate inventories show a draw of 550K barrels and Cushing inventories show a build of 1.09M barrels.
  • September WTI crude oil (CL1:COM) recently traded at $95.54/bbl in electronic trading after settling Tuesday at $94.98/bbl on the New York Mercantile Exchange.
  • (NYSEARCA:USO) +0.5% after-hours.

Recommended For You

Comments (48)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.