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API Shows Another Weekly Fall in US Crude Stocks But Gasoline Inventories Rise, Sources Say

Business & Policy
May 13, 2026

NEW YORK, May 12 (Reuters) – U.S. crude oil inventories fell for a ‌fourth straight week last week, while distillate inventories also declined. Motor gasoline stocks, however, ⁠rose, according to market sources citing American Petroleum Institute data released on Tuesday.

Crude stocks fell by 2.2 million barrels in the week ended ‌May ⁠8, the sources said on condition of anonymity. Gasoline inventories rose by ⁠502,000 barrels, while distillate inventories fell by 319,000 barrels ⁠compared to a week earlier, the ⁠sources said.

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Reporting by Siddharth Cavale in New York; Editing by Nia Williams