Mumbai, Nov. 5 -- The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a sizeable build of 6.5 million barrels in the week ending October 31, far exceeding expectations for a 2.4 million barrel draw and marking the largest weekly build since early July. Gasoline inventories saw a large decrease of 5.653 million barrels in the week ending October 31, after losing 6.3 million barrels in the week prior.
Published by HT Digital Content Services with permission from Capital Market....