off-the-wire

API shows weekly rise in US crude stocks, fuel inventories fall, sources say

Kitco Media
By Reuters
Published:
Updated:
Reuters
API shows weekly rise in US crude stocks, fuel inventories fall, sources say teaser image

HOUSTON, March 17 (Reuters) - U.S. crude stocks ​rose last week ‌while fuel inventories fell, market sources ​said, citing ​American Petroleum Institute figures ⁠on Tuesday.

Crude ​stocks rose by ​6.56 million barrels in the week ended ​March 13, ​the sources said on condition ‌of ⁠anonymity. Gasoline inventories fell by 4.56 million ​barrels, ​while ⁠distillate inventories fell by 1.39 ​million barrels ​from ⁠a week earlier, the sources ⁠said.

Reporting ​by Georgina ​McCartney in Houston; Editing ​by Chris Reese

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.