The American Petroleum Institute (API) on Tuesday reported an increase of 10 million barrels of crude oil in the U.S. crude oil inventories for the week ending April 24.
API reported an increase of 13.226 million barrels of crude oil inventories for the previous week ending April 17 while the U.S. Energy Information Administration (EIA) reported a rise of 15 million barrels.
Oil prices settled mixed in volatile trading on Tuesday, following heavy losses in the prior session.
The West Texas Intermediate for June delivery fell 0.44 U.S. dollar to settle at 12.34 dollars a barrel on the New York Mercantile Exchange, while Brent crude for June delivery rose 0.47 dollar to close at 20.46 dollars a barrel on the London ICE Futures Exchange.
Editor:Cherie
