paleo oils Britain has a long history of motor vehicle development, and the world's leading enterprises, universities, motor racing industry and autonomous projects have the strength to realize the transformation and development. Professional knowledge and forward-looking thinking are the unique advantages of developing core automotive technology in the UK. The international monetary fund cut its growth forecast for the UK to 1.6 per cent this year from 1.7 per cent in October and is expected to grow by 1.5 per cent in 2018. Data released by the American petroleum institute (API) showed that U.S. crude oil inventories fell 5.2 million barrels in the week ended Dec. 15, down from an expected 35.18 million barrels. Refinery inventories fell more than expected, while gasoline inventories rose, but were less than expected. The overall API data is good and good for oil prices.