Oil Rises Again on Big Crude, Gasoline Pulls – OilPrice.com

Oil Rises Again on Big Crude, Gasoline Pulls – OilPrice.com

The American Petroleum Institute (API) on Tuesday reported a drop in crude oil inventories of 4.524 million barrels for the week ending August 21.

Analysts had predicted an inventory drawdown of 3.694 million barrels.

In the previous week, API reported a crude oil inventory drawdown of 4.264 million barrels, after analysts predicted a drawdown of 2.670 million barrels.

Oil prices were trading…

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