The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.76 million barrels in the week ending April 25, after analysts had estimated a much smaller 390,000-barrel build. The API reported a 4.565 million barrel dip in the prior week. So far this year, crude oil inventories are up more
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.565 million barrels in the week ending April 18. The API estimated a 2.4 million barrel build in the prior week. So far this year, crude oil inventories are still up more than 19 million barrels, according to Oilprice calculations
An online inventory management service that is free to use for letting agents and property managers has launched, promising to soon be the ‘go to’ independent platform for the property industry. Klerky connects agents and inventory clerks and, the founder says, offers an easier and quicker way to get inspections done and reports written than
By Julianne Geiger – Mar 19, 2025, 10:00 AM CDT Crude oil inventories in the United States saw an increase of 1.7 million barrels during the week ending March 14, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.593 million barrels for the week ending March 14. Analysts had expected a smaller 1.7 million-barrel build. So far this year, crude oil inventories have climbed more than 21 million barrels, according to Oilprice calculations of API data. Earlier
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.247 million barrels for the week ending March 7. Analysts had expected a 2.1 million-barrel build. So far this year, crude oil inventories have climbed nearly 17 million barrels, according to Oilprice calculations of API data. Earlier this week,
By Julianne Geiger – Feb 26, 2025, 9:46 AM CST Crude oil inventories in the United States saw a decrease of 2.3 million barrels during the week ending February 21, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were mixed prior to the crude data release by
Crude oil prices reversed a decline from the start of this week, moving higher after the American Petroleum Institute reported the first weekly decline in inventories in over a month. If the inventory dip gets confirmed today by the Energy Information Administration, the price rise will likely extend towards the end of the week. At
The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by 3.34 million barrels for the week ending February 14. Analysts had expected a 2.2-million-barrel build. This adds to the almost 18 million barrels of builds in U.S. crude oil inventories during the last four weeks, including a 9 million barrel
Sotira, an AI-powered surplus inventory management platform, has raised $2 million in pre-seed funding to help brands offload and capitalize on their surplus inventory. The funding round included participation from Unusual Ventures, K5 Global, Night Capital and Soma Capital. Amrita Bhasin, co-founder and CEO of Sotira, said the company was founded to enable brands to