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