MarketWatch
API data reportedly show a 6 million-barrel weekly rise in U.S. crude supplies
The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by about 6 million barrels for the week ended Feb. 18, according to sources. The API, which released its data a day later than usual due to Monday’s Presidents’ Day holiday, also reportedly showed a weekly inventory increase of 427,000 barrels for gasoline, while distillate stockpiles declined by 985,000 barrels. Crude stocks at the Cushing, Okla., delivery were down by 2.1 million barrels last week, sources s
