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API data reportedly show weekly declines in U.S. crude and gasoline supplies

API data reportedly show weekly declines in U.S. crude and gasoline supplies

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The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 4.7 million barrels for the week ended July 23, according to sources. The API report also reportedly showed inventory declines of 6.2 million barrels for gasoline and 1.9 million barrels for distillates.

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