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US crude stocks fall for ninth straight week, sources say

Kitco Media
By Reuters
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Reuters
US crude stocks fall for ninth straight week, sources say teaser image

DENVER, June 16 (Reuters) - U.S. crude ​oil inventories fell ‌for a ninth straight week last week, ​according to ​market sources citing American ⁠Petroleum Institute data ​released on Tuesday, ​while gasoline stocks rose.

Crude stocks fell by 8.33 ​million barrels in ​the week ended June ‌12, ⁠the sources said on condition of anonymity. Gasoline inventories ​rose by ​2.48 ⁠million barrels, while distillate ​inventories fell by ​10,000 ⁠barrels compared with a week earlier, ⁠the ​sources said.

Reporting ​by Liz Hampton in ​Denver; Editing by Mark Porter

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