Energy Preview: US crude oil inventories up by 11.4 million barrels, says API

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 11.4 million barrels in the week ending February 20, after falling by 609,000 barrels in the week prior. Gasoline inventories fell last week, shrinking by 1.53 million barrels in the week ending February 20. In the week prior, gasoline inventories fell by 312,000 barrels.

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