Crude oil inventories in the United States fell by 2.428 million barrels for the week ending June 7, according to The American Petroleum Institute (API), after forecast for a 1.75 million barrel draw. For the week prior, the API reported a surprise 4.052 million barrel build in crude inventories. Gasoline inventories also fell last week, by 2.549 million barrels, partially offsetting previous week?s 4.026-million-barrel increase. Distillate inventories rose by 972,000 barrels, on top of last week?s 1.975-million-barrel rise.
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