HOUSTON, Nov. 10 (Xinhua) -- The American Petroleum Institute (API) on Tuesday reported a decrease of 0.9 million barrels of crude oil in the U.S. crude oil inventories for the week ending Nov. 6.
API reported a decrease of 8.010 million barrels of crude oil inventories for the previous week ending Oct. 30 while the U.S. Energy Information Administration (EIA) reported a fall of 8.0 million barrels.
Oil prices climbed on Tuesday in response to positive news about a coronavirus vaccine candidate.
The West Texas Intermediate (WTI) for December delivery rose 1.07 U.S. dollars to settle at 41.36 dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery increased 1.21 dollars to close at 43.61 dollars a barrel on the London ICE Futures Exchange. Enditem
