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Perth Mint Reports Surge in Gold Sales Amid Price Decline
FirstFT: Crypto company known for risky ‘perps’ vexes Singapore
U.S. Stock Indices Reach Record Highs Amid Rising Trade Deficit and Oil Prices
Gold up slightly as dollar eases and bonds catch a bid, but gains capped by oil
Mexico stocks higher at close of trade; S&P/BMV IPC up 0.52%
Black Hills stock surges 5% on $1.8B Google data center deal
Donald Trump Announces Upcoming Call with Vladimir Putin
Sigma Lithium stock rises after court upholds mining licenses
Russia stocks higher at close of trade; MOEX Russia Index up 0.34%
JetBlue Wins FAA Approval to Take on Spirit’s Slots at LaGuardia
Gulf Tanker Crews Offered High Salaries Amid Rising Risks in Hormuz
Trading Day: Running with the bulls
Greg Abbott to Skip San Antonio Trump Rally Amid Tight Race
Donald Trump says he is considering suspending federal petrol tax
Brent Oil Prices Remain Above $100 Amid Competing Market Forces
BNP Paribas Cautions Against Eliminating 20-Year Treasury Bond
Marvell raises 2028 revenue forecast on strong AI data center demand
Caribou Biosciences stock plunges 40% on halt of CAR-T programs
Crude inventories fall more than expected, boosting oil prices
Carney to visit Türkiye as Canada seeks to diversify trade ties
Canada trade surplus widens as exporters race to beat U.S. tariffs
Crescimento da fortuna de André Esteves
‘Most dangerous product in crypto’ vexes Singapore
Chinese Makers of Fentanyl Ingredients Now Sell Bootleg Peptides to Americans
Emerging-Market Assets Gain as US Yields Drop, Oil Steadies
S&P 500 Reaches New Intraday Record Amid Tech Gains and Easing Oil Prices
Chinese Fentanyl Precursor Producers Shift Focus to Bootleg Peptides in the U.S.
France Considers Bypassing Parliament for €43 Billion Budget Cuts
Constellation Energy Surges 12% on Google Nuclear Power Deal | Closing Bell
Billionaire C&A Family Taps CFO to Lead 185-Year-Old Empire
The Bond Market’s Threat to American Hegemony
Bessent Axing 20-Year Treasury May Send Yields Higher, BNP Warns
NASDAQ Composite Achieves Second Consecutive Closing Record
ECB Board Member to Speak at Event in the Philippines
Wells Fargo Mobile App Can Personalize Debit Card With Photo
S&P 500 Hits Record High Amid Rising Interest Rates and Oil Prices
S&P 500 Achieves Record Closing High for First Time Since August
Penguin Solutions Reports Strong Fourth Quarter Earnings
Cost-of-living crises have lasting impact on inflation expectations: IMF
Flames and Smoke Reported at Venezuela's Cardon Refinery
Experian Launches New Credit Reporting Agency to Deliver Cash Flow Insights
Plaid Introduces AI Models to Enhance Financial Decision-Making
U.S. Demands Clarification from Russia Regarding Siberia Laboratory Incident
American Bankers Association Invests in BankTech Ventures Fund II
U.S. State Department Investigates Death at Russian Plague Research Center
South Africa’s Reserve Bank Surveys Firms to Guide Rate Policy
Ships’ captains paid $100,000 a month to transit Strait of Hormuz
Oil prices turn higher as improving Mideast flows countered by Hormuz attacks
Morgan Stanley reinstates this AI chipmaker as its top pick in semiconductors
Waymo upsizes debut private loan to $5 billion to fund expansion - Bloomberg
Edaa, AlRayan Bank sign pact to issue national investor number
Al-Kaabi leads Qatar’s delegation to GCC Petroleum Cooperation Committee meeting
AI Power Users Spend Like Small Businesses
Skydance stock analysis: debut dip, WBD deal risks, and leverage outlook
Marvell Technology stock rallies following ambitious investor day targets
QNB Group named ‘Qatar’s Best FX Bank’ at Euromoney Foreign Exchange Awards 2026
Anchorage Buys Routable to Link Stablecoin and Fiat Infrastructure
Target Plans New Dress Code For Its Grocery Employees
Trump says his administration is thinking about suspending federal gas tax
US small/mid-cap pharma outlook: top picks from a 15-stock screen
Constellation Energy (CEG) stock analysis: Google deal, valuation, and technicals
JPMorgan CEO Warns AI Risks Jumped Tenfold After Mythos
The Fed and PYMNTS Intelligence Agree: Stablecoins Have a Demand Problem
CrowdStrike Launches Startup Accelerator to Combat AI-Related Threats
Iran Ramps Up Ship Attacks in Hormuz as Oil, Gas Flows Climb
Families of Dead Prospectors Sue Authority That Certifies Gold as Ethically Produced
Copper Swings in Thin Trading as Market Awaits China’s Return
Goldman Sachs and Man Group exposed in EY data breach
Copper trapped in $6.60-$6.74 range: Breakout watch live
US Crude Oil Stocks Decline in Latest Private Survey
Crude oil inventories in the United States decreased by 2.09 million barrels for the week ending October 2, according to a private survey. Gasoline stocks also saw a decline, falling by 1.37 million barrels, while distillate inventories increased by approximately 461,000 barrels during the same period.
The data comes from the American Petroleum Institute (API), which provides an early indication of oil stock levels. The API's report is released weekly on Tuesdays and is based on voluntary submissions from member companies, covering a significant portion of US oil capacity. In contrast, the Energy Information Administration (EIA) releases its report on Wednesdays, which includes mandatory reporting from refiners and other operators, offering a more comprehensive view of the market.
The differing methodologies of the API and EIA reports often lead to discrepancies in inventory figures, with the API serving as a preliminary gauge and the EIA providing the official count that influences market reactions. The EIA's data includes additional metrics such as domestic production and refinery utilization, making it a critical resource for traders and analysts.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News