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U.S. crude supply fell 1.2M barrels last week, API says

Aug. 17, 2021 4:55 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMBy: Carl Surran, SA News Editor46 Comments

Close-up of engineer using tablet near oil refinery.
SimonSkafar/iStock via Getty Images

  • The American Petroleum Institute reportedly shows a draw of 1.16M barrels of oil for the week ending August 13.
  • Gasoline inventories reportedly show a draw of 1.98M barrels, distillate inventories show a build of 502K barrels

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