What happened
US API crude oil imports for the week ending September 18 showed a decline of 739,000 barrels, according to data reported by Jinshi Data.
The prior week's figure was a decrease of 45,000 barrels.
Why it matters
The larger weekly decline suggests a sharper pullback in crude inflows into the United States compared with the previous week, based on the API measure.
Because the API report is a weekly indicator, shifts of this size can draw attention to near-term supply trends, though the data alone does not explain the cause of the change.
Key facts
US API crude oil imports for the week to September 18 fell 739,000 barrels.
The prior reading was a decline of 45,000 barrels.
The data was published by Jinshi Data and reported by East Money.
What to watch next
Whether subsequent weekly API readings confirm the scale of the import decline seen in this report.
How the broader market interprets the drop in crude imports in the context of other weekly supply data.
