FX.co ★ US Crude Oil Inventories Unexpectedly Rise

U.S. crude oil stockpiles increased by 2.4 million barrels for the week ending April 11, 2025, as reported by the American Petroleum Institute. This rise counteracted the previous week's reduction of 1.057 million barrels. Notably, this is the second rise in the last four weeks and contrasts with market expectations, which had predicted a draw of 1.68 million barrels.