US Crude Inventories Slide 2.09M Barrels
The American Petroleum Institute estimated that US crude oil inventories fell by 2.09 million barrels in the week ending Oct 2, after growing by 1.019 million barrels the prior week. Commercial crude inventories excluding the SPR have declined more than 38 million barrels over the period referenced.
Original · OilPrice.com AI summary of public reporting
Why: Crude inventories fall 2.09M bbl → bullish for oil
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At publication → CurrentCL89.54 → 90.92+1.5%