EnergyEnergy: changes to oil or gas supply can affect Gulf export revenue and Kuwait fuel costs.
API Shows Sharp Build in US Crude Oil, Distillate Inventories
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In simple terms
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 9.0 million barrels in the week ending November 6. In the week prior, US crude oil inventories fell by 5.267 million barrels.