News Oil 

API data show a 6 million-barrel weekly rise in U.S. crude supply: sources

“The API data also reportedly showed a stockpile rise of 3.4 million barrels for gasoline, along with supply decline of 2.2 million barrels for distillates” writes Markets Commodities Reporter for marketwatch.com. They also forecast a supply climb of 750,000 barrels for gasoline and a fall of 1.4 million barrels for distillates.The EIA data are expected to show crude inventories up by 1.6 million barrels last week, according to analysts polled by S&P Global Platts.The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by roughly 6 million barrels…

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Futures News Oil 

Oil futures slip as API report shows a big build in U.S. crude supplies

“S&P showed forecasts for supply declines of 2.4 million barrels for gasoline and 1 million barrels for distillates, which include heating oil” writes Mark Decambre for marketwatch.com. Oil futures edged lower Wednesday after a report pointed to a bigger-than-expected inventory build in the U.S., while investors watched for a further inventory update to affirm signs of rising supplies.Late Tuesday, the American Petroleum Institute showed that U.S. crude supplies rose by roughly 4.3 million barrels for the week ended Nov. 1, according to sources. Source: marketwatch.com

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News Oil 

API data show a more than 4 million-barrel weekly rise in U.S. crude supply: sources

“They also forecast supply declines of 2 million barrels for gasoline and 3 million barrels for distillates” writes Markets Commodities Reporter for marketwatch.com. The EIA data are expected to show crude inventories up by 4.7 million barrels last week, according to analysts polled by S&P Global Platts.The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 4.45 million barrels for the week ended Oct. 18, according to sources.Inventory data from the Energy Information Administration will be released Wednesday. Source: marketwatch.com

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News Oil 

API data reportedly show a more than 10 million-barrel weekly rise in U.S. crude supply

“They also forecast supply declines of nearly 1.8 million barrels for gasoline and 2.6 million barrels for distillates” writes Markets Commodities Reporter for marketwatch.com. The EIA data are expected to show crude inventories up by 4 million barrels last week, according to analysts polled by S&P Global Platts.The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by 10.5 million barrels for the week ended Oct. 11, according to sources. November West Texas Intermediate crude CLX19, +0.47% was at $53.06 a barrel in electronic trading, down from the…

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News Oil Stocks 

API data reportedly show a weekly decline of nearly 6 million barrels in U.S. crude stocks

“The API also reportedly showed a stockpile increase of 2.1 million barrels for gasoline, while distillate inventories fell by 1.7 million barrels” writes Markets Commodities Reporter for marketwatch.com. They also forecast an increase of 308,000 barrels for gasoline, but distillate supplies are seen down by 2.2 million barrels.The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 5.9 million barrels for the week ended Sept. 27, according to sources.The EIA data are expected to show crude inventories up by 1.3 million barrels last week, according to analysts…

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News Oil Stocks 

Oil prices rise after data shows big drop in US inventories

“Meanwhile gasoline stocks fell by 4.5 million barrels, compared with analysts’ expectations of a 847,000-barrel decline in a Reuters poll” reports cnbc.com. But they rebounded after American Petroleum Institute (API) data released late on Tuesday showed U.S. crude and gasoline stocks fell last week, while distillate stocks built.The API numbers showed crude inventories fell by 7.2 million barrels in the week ended Sept. 6 to 421.9 million, compared with analysts’ expectations of a decrease of 2.7 million barrels.Crude stocks at the Cushing, Oklahoma, delivery hub fell by 1.4 million barrels,…

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News Oil Stocks 

API data show a weekly drop of 11 million barrels in U.S. crude stocks

“The API also reportedly showed a stockpile decline of 349,000 barrels in gasoline, while distillate supplies fell by 2.5 million barrels” writes Markets Commodities Reporter for marketwatch.com. The American Petroleum Institute reported late Tuesday that U.S. crude supplies dropped by 11.1 million barrels for the week ended Aug. 23, according to sources.The EIA data are expected to show crude inventories down by 4.7 million barrels last week, according to a survey of analysts conducted by S&P Global Platts.The survey also forecast a weekly supply decline of 530,000 barrels for gasoline…

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News 

Meet the pharmacy quietly powering hot startups like Hims and Nurx that ship Viagra and birth control pills straight to your door

“Viswanathan and Afridi don’t consider Truepill an online pharmacy like PillPack, which was acquired by Amazon last year” writes Lydia Ramsey for businessinsider.com. Truepill isn’t trying to directly compete against retail pharmacies or other online pharmacies.But for many — including Lemonaid, dermatology company YoDerm, Kick Health, Hims, and Nurx— there’s a common thread: their online pharmacies are all powered by the same little-known company, called Truepill.As more and more prescriptions go online via a direct-to-consumer delivery model, Viswanathan said he’s excited to be powering that with Truepill. Source: businessinsider.com

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News Platforms 

Inova Payroll Targets Hospitality With API Integration

“Payroll solutions provider Inova Payroll has debuted an application programming interface (API) integration with M3, an accounting and human capital management (HCM) platform developed for the hospitality industry” reports pymnts.com. Other areas of payroll and human capital management are exploring the benefits of API integrations, too.Earlier this year, payroll company Paychex announced its own API integration with QuickBooks Online, a move that enables data to move between the Paychex General Ledger Service into the QuickBooks Online platform.The interconnectivity between payroll platforms and human capital management solutions is an increasing focus…

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News Platforms 

Transposit Raises $12.2M in Series A Funding

“Transposit, a San Francisco, CA-based API composition platform that allows developers to get free from the work of composing disparate APIs, raised $12.2m in series A funding” reports finsmes.com. Founded in 2016 by former DTrace co-author and Delphix CTO Adam Leventhal, and Apple, Google, and Twitter engineering leader Tina Huang, Transposit allows developers to build API-dependent applications with a composition platform which brings the power of a relational database to the ecosystem of APIs.The company has also launched a public beta and its API composition platform is now available to…

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