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API shows another weekly fall in US crude stocks but gasoline inventories rise, sources say

By Reuters May 12, 2026 Bearish
API shows another weekly fall in US crude stocks but gasoline inventories rise, sources say
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.
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.