Energy and oilUpdated November 4

API estimates a much larger crude-stock draw

For the week ended Oct. 30, EIA data showed crude stocks down 865,000 barrels, the fifth weekly decline in a row. API’s estimate for that same week was 5.27 million barrels—more than six times the EIA figure. The two reports give sharply different numbers for the same stretch.

2 publishers2 reports

Coverage started November 4