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U.S. crude oil inventories down last week: API

May 05, 2021

Houston (US), May 5: The American Petroleum Institute (API) on Tuesday reported a sharp decrease of 7.7 million barrels of crude oil in the U.S. crude oil inventories for the week ending April 30.
API reported an increase of 4.319 million barrels of crude oil inventories for the previous week ending April 23 while the U.S. Energy Information Administration (EIA) reported a rise of 100,000 barrels.
Oil prices extended gains on Tuesday as traders remained hopeful about solid demand recovery amid easing COVID-19 restrictions in the United States and Europe.
The West Texas Intermediate (WTI) for June delivery added 1.20 U.S. dollars, or 1.86 percent, to settle at 65.69 dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery increased 1.32 dollars, or 1.95 percent, to close at 68.88 dollars a barrel on the London ICE Futures Exchange.
Source: Xinhua

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Bengal Business Award 2024 & Banglar Sera Tilottama 2024-25: A Celebration of Talent, Entrepreneurship, and Empowerment

New Delhi [India], February 17: The grandeur of Bengal's entrepreneurial spirit and fashion brilliance reached new heights at the Bengal Business Award 2024 and Banglar Sera Tilottama 2024-25, hosted at Novotel, Kolkata on February 10, 2025. Organized by Priyanka Ghosh Entertainment and Niyogi Associates, the prestigious event spotlighted the fusion of business excellence and fashion talent, paving the way for aspiring individuals across industries. The event's commitment to excellence was further strengthened by VLCC, which served as the official grooming partner.

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