Home / Market Update / Cryptocurrency / US stocks decline

US stocks decline

Market sources, citing data from the American Petroleum Institute, said on Tuesday that US crude oil inventories fell last week, while gasoline and distillate inventories rose.

The sources said that crude stocks fell by about 3.1 million barrels in the week ending December 16.

Gasoline stocks increased by about 4.5 million barrels, while distillate stocks increased by 828 thousand barrels, according to the sources, who asked not to be identified.

Check Also

Oil Prices Slip as U.S. Fuel Stockpiles Rise, Saudi Price Cuts Add Pressure

Oil prices fell in Asian trade on Thursday, extending losses from the previous session as …