Mumbai, Dec. 17 -- The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw yet another large draw, this time of 9.3 million barrels in the week ending December 12. Crude oil inventories shrank by 4.8 million barrels in the week prior. Crude oil inventories in the United States are so far showing a net decrease of just 9.2 million barrels for the year. Gasoline inventories saw another large increase this week, gaining 4.8 million barrels in the week ending December 12. In the week prior, gasoline inventories grew by 7 million barrels.

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