Mumbai, Sept. 17 -- The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 3.420 million barrels in the week ending September 12, which was a 1.6 million barrel draw. Gasoline inventories fell by 691,000 barrels in the week ending September 12, after rising by 329,000 barrels in the week prior. Distillate inventories rose significantly for the second week in a row, this time adding 1.906 million barrels, following the week prior's 1.5 million barrels.
Published by HT Digital Content Services with permission from Capital Market....