Industry Weekly Report: Last week, U.S. API crude oil inventories fell by approximately 4.8 million barrels, while gasoline inventories increased by approximately 7 million barrels
According to data from the American Petroleum Institute (API), last week, U.S. API crude oil inventory -4.779 million barrels, the previous week +2.48 million barrels.
Last week, API Cushing crude oil inventory +47,000 barrels, previous value -89 barrels.
Last week, API refined product gasoline inventory +6.955 million barrels (previous value +3.136 million barrels), distillate inventory +1.027 million barrels (previous value +2.884 million barrels)
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