API Shows Another Weekly Fall in US Crude Stocks But Gasoline Inventories Rise, Sources Say

NEW YORK, May 12 (Reuters) – U.S. crude oil inventories ​fell for a ‌fourth straight week last week, while distillate ​inventories also declined. ​Motor gasoline stocks, however, ⁠rose, according to ​market sources citing American ​Petroleum Institute data released on Tuesday. Crude stocks fell ​by 2.2 million ​barrels in the week ended ‌May ⁠8, the sources … Read more