American Petroleum Institute: Crude oil and distillate inventories rise in the US

- U.S. crude oil and distillate inventories rose last week, market sources said, citing data from the American Petroleum Institute.

The sources, who asked not to be identified, said crude oil inventories rose by 2.6 million barrels in the week ending July 17.

The sources said that gasoline stocks fell by 1.38 million barrels, while distillate stocks rose by 1.76 million barrels that week compared to the previous week.