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• API Reports Rise in Crude Oil Inventories
  Crude oil inventories in the United States rose this week by...
  Crude oil inventories in the United States rose this week by 3.034 million barrels for the week ending April 5, according to The American Petroleum Institute (API). Analysts had expected an inventory build of 2.415 million barrels.
  
  This comes after the API reported a 2.286 million barrel dip in crude inventories in the week prior.
  
  On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose by another 0.6 million barrels as of April 5. Inventories are now at 364.2 million barrels—the highest point since last April.
  
  Cushing inventories saw a build this week, rising 124,000 barrels after falling by 781,000 barrels in the previous week.
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for May delivery ...
  Benchmark U.S. crude oil for May delivery fell $1.20 to $85.23 per barrel Tuesday. Brent crude for June delivery fell 96 cents to $89.42 per barrel.
  
  Wholesale gasoline for May delivery rose 1 cent to $2.76 a gallon. May heating oil fell 5 cents to $2.68 a gallon. May natural gas rose 3 cents to $1.87 per 1,000 cubic feet.
  
  
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• MarketWatch: U.S. stocks finish mostly flat ahead of Wednesday's key inflation report
  U.S. stock indexes ended nearly flat on Tuesday, pressured by financial-sector...
  U.S. stock indexes ended nearly flat on Tuesday, pressured by financial-sector stocks as investors awaited a key inflation reading and braced for major banks to kick off earnings-reporting season later this week.
  
  The S&P 500 was up 0.1%, to end near 5,209.
  
  The Dow Jones Industrial Average lost less than 0.1%, leaving it nearly flat, at around 38,883.
  
  The Nasdaq Composite edged up 0.3%, to finish around 16,306.
  
  The technology-heavy index was up for three consecutive days and booked its largest three-day percentage gain since March 22, according to Dow Jones Market Data.
  
  The widely watched report on March's consumer-price index, due Wednesday at 8:30 a.m. Eastern time, is expected to provide a monthly progress update on the Federal Reserve's efforts to curb inflation. Investors hope a cooling inflation reading could convince policymakers that it's safe to start lowering interest rates as soon as June.
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• Chevron participates in funding for carbon capture startup
  Chevron New Energies participated in a funding round that raised $45...
  Chevron New Energies participated in a funding round that raised $45 million for Ion Clean Energy, a startup focused on carbon dioxide capture. The new capital will fund growth and the commercialization of the company's ICE-31 liquid amine carbon capture technology.
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• US refiners thrive amid global disruptions
  Geopolitical tensions disrupting global fuel markets are keeping refining...
  Geopolitical tensions disrupting global fuel markets are keeping refining crack spreads above historical levels, benefitting US refiners such as Marathon Petroleum, Valero and Phillips 66. With access to multiple sources of crude oil and cheap natural gas prices, these refiners are well positioned to sustain profitability and capitalize on fuel market tightness.
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