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US crude oil inventories decrease last week: API
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Top Stories |
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IANS | 26 Jun, 2019
The American Petroleum Institute (API) on Tuesday reported a sharp
decrease of 7.55 million barrels in the US crude oil inventories for the
week ending June 21.
In the previous week ending June 14, API
reported a decrease of 8,12,000 barrels of crude oil inventories, while
the US Energy Information Administration (EIA) reported a decline of 3.1
million barrels for the same period, the Xinhua news agency reported.
Oil
prices posted mixed results on Tuesday, as investors kept a close eye
on the heated spats between the US and Iran, which have weighed on
global energy supply.
The West Texas Intermediate for August
delivery decreased 0.07 US dollar to settle at 57.83 dollars a barrel on
the New York Mercantile Exchange, while Brent crude for August delivery
rose 0.19 dollar to close at 65.05 dollars a barrel on the London ICE
Futures Exchange.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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