Reuters | Oil Rises As API Reports Major Draw In Crude Inventories OilPrice.com Last week, the American Petroleum Institute (API) reported a large draw of 6.0 million barrels of crude oil, along with an increase in gasoline inventories of 3.1 million barrels. This week, the API is reporting another build in gasoline inventories at ... Oil hits highest since 2015 as Iran unrest spooks market Oil Jumps After US Crude Stockpiles Shrink Most Since August US crude surges more than 2%, settling at $61.63, its best closing price since December 2014 |