U.S. crude, fuel stocks drop in most recent week: API

Crude inventories fell by 5.4 million barrels in the week to Oct. 9 to about 495.4 million barrels, compared with analysts’ expectations in a Reuters poll for a draw of 2.8 million barrels.Refinery crude runs fell by 601,000 barrels per day, API data showed.

Gasoline stocks fell by 1.5 million barrels, compared with analysts’ expectations in a Reuters poll for a draw of 1.6 million barrels. Distillate fuel inventories, which include diesel and heating oil, fell by 3.9 million barrels, compared with expectations for a draw of 2.1 million barrels.Our Standards:

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