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U.S. crude oil inventories up last week: API

(Xinhua) 08:28, November 15, 2023

HOUSTON, Nov. 14 (Xinhua) -- The American Petroleum Institute (API) on Tuesday reported an increase of 1.335 million barrels of crude oil in U.S. inventories for the week ending Nov. 10.

Analysts were expecting a surge of 1.400 million barrels for the week.

The API reported a hike of 11.900 million barrels in the previous week.

Oil prices settled flat on Tuesday. The West Texas Intermediate for December delivery closed flat and settled at 78.26 U.S. dollars a barrel on the New York Mercantile Exchange.

(Web editor: Xian Jiangnan, Liang Jun)

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