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API data reportedly show weekly U.S. supplies down for crude, up for gasoline

API data reportedly show weekly U.S. supplies down for crude, up for gasoline

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The American Petroleum Institute reported late Tuesday that U.S. crude supplies declined by 872,000 barrels for the week ended Jan. 21, according to sources. The API also reportedly showed a weekly inventory climb of 2.4 million barrels for gasoline, while distillate supplies fell by 2.2 million barrels.

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