Mubasher: The inventories of US crude, gasoline and distillates rose last week, the American Petroleum Institute (API) revealed.
Crude inventories increased 2.4 million barrels last week to reach 503.4 million, according to the institute’s statement published Tuesday.
Crude inventories in delivery point of Cushing, Oklahoma rose 715,000 barrels, and gasoline inventories rose 3.1 million barrels.
