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API shows weekly US gasoline stocks rise, crude, distillates fall, market sources say

Wednesday, 03 July 2024 | 16:00

U.S. crude oil and distillates inventories fell last week while gasoline rose, according to market sources citing American Petroleum Institute figures on Tuesday.

The API figures showed crude stocks were down by 9.163 million barrels in the week ended June 28, the sources said, speaking on condition of anonymity. Gasoline inventories rose by 2.468 million barrels, and distillates fell by 740,000 barrels.
Source: Reuters (Reporting by Georgina McCartney in Houston; editing by Jonathan Oatis)

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