Crude oil inventories in the United States dropped by 9.1 million barrels in the week that ended June 28, private data from the American Petroleum Institute (API) allegedly showed on Tuesday.
Meanwhile, reserves in Cushing, Oklahoma, allegedly grew by 404,000 barrels. Gasoline stockpiles added 2.46 million barrels, while distillate inventories slid by 740,000 barrels, according to the reported data.