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API Shows US Crude Stocks Fell for Sixth Straight Week, Fuel Inventories Also Drop, Sources Say

Business & Policy
May 28, 2026

New York, May 27 (Reuters) – U.S. crude oil inventories fell for a ‌sixth straight week last week, according to market sources citing American Petroleum Institute ⁠data released on Wednesday, while fuel stocks also fell.

Crude stocks fell by 2.8 million barrels in the week ended May 22, the ‌sources ⁠said on condition of anonymity. Gasoline inventories fell by 3.2 million ⁠barrels, while distillate inventories rose by 1.1 million ⁠barrels compared with a week earlier, the ⁠sources said.

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Reporting Siddharth Cavale in New York, Editing by Nia Williams