Tuesday, April 16, 2019 5:16:28 PM
Apr. 16, 2019 4:50 PM ET Carl Surran, SA News Editor
The American Petroleum Institute reportedly shows a draw of 3.09M barrels of oil for the week ending April 12, vs. a build of 4.1M barrels in the previous week.
Gasoline inventories reportedly show a draw of 3.56M barrels, and distillate inventories show a build of 2.33M barrels, while Cushing inventories had a draw of 1.56M barrels.
Nymex crude recently was at $64.28/bbl in electronic trading, up from today's $64.05 settlement price.
https://seekingalpha.com/news/3451272-u-s-crude-supply-fell-3_1m-barrels-last-week-api-says
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