U.S. Crude Oil, Gasoline Inventories Boom

February 21, 2024
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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Crude oil inventories in the United States rose this week, by 7.168 million barrels for the week ending February 16, according to The American Petroleum Institute (API), after analysts predicted a build of 4.298 million barrels. The API reported an 8.52-million-barrel rise in crude inventories in the week prior. On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose by 0.7 million barrels as of February 16. Inventories are now at 359.5 million barrels—the highest level…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

U.S. Crude Oil, Gasoline Inventories Boom

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