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

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

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The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 1.6 million barrels for the week ended Aug. 20, according to sources. The API report also reportedly showed inventory declines of 985,000 barrels for gasoline and 245,000 barrels for distillate supplies.

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