Investing.com - The American Petroleum Institute (API) late Wednesday said crude inventories rose by 2.7 million barrels last week, following a 7.6 million draw in the previous report and that capped substantial inventory draws for the previous three weeks.
A draw of 1.35 million barrels was reported at Cushing and distillates fell by 4.5 million barrels, Gasoline inventories rose by 700,000 barrels.