FX.co ★ US API Weekly Crude Oil Stock Shows Significant Decrease Last Week

The latest data on the US API Weekly Crude Oil Stock indicates a substantial drop from the previous week. The previous indicator, which stood at 4.906 million barrels, has significantly decreased to 0.509 million barrels in the most recent update. This decrease suggests a significant change in the crude oil inventory levels in the US market. The data was last updated on May 7, 2024, and is likely to have an impact on oil prices and market sentiments in the coming days.