The American Petroleum Institute reported Tuesday that U.S. crude supplies dropped by 4.4 million barrels for the week ended Aug. 7. API also reported gasoline stockpiles declined by 1.3 million barrels, while distillate inventories were down by 2.9 million barrels. Crude stocks at the Cushing, Okla., storage hub, meanwhile, edged up by 1.1 million …
Continue reading “API reports 4 million-barrel weekly decline crude oil”








