Data showing a decline in US oil stocks and an increase in fuel stocks

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Data showing a decline in US oil stocks and an increase in fuel stocks

Reuters

Angus Mordant

Sources told “Reuters” that data from the American Petroleum Institute indicate that crude oil stocks in the United States fell last week, while fuel stocks rose.

The sources said that the Petroleum Institute data showed that crude stocks fell by 2.1 million barrels in the week ending on the fourth of this June.

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Doubts are dropping oil prices

Gasoline stocks rose two million barrels, while distillate stocks, which include diesel and heating oil, rose 3.8 million barrels.

Reuters indicated that the Petroleum Institute did not respond to a request for comment on the data.

Source: Reuters





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