API: US crude stocks down, fuel stocks up – Sources

Market sources said, quoting data from the American Petroleum Institute, on Tuesday, that US crude oil inventories fell last week, while gasoline and distillate inventories rose.

According to “Reuters”, the sources said that crude stocks fell by about 3.1 million barrels in the week ending December 16.

Gasoline stocks increased by about 4.5 million barrels, while distillate stocks increased by 828 thousand barrels, according to the sources, who asked not to be identified.