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OIL: Industry Data Shows US Crude Drawdown

OIL

Bloomberg reported that US crude inventories fell 800k barrels last week, according to people familiar with the API data. Cushing saw a 1.9mn drawdown, while gasoline rose 300k and distillate 1.1k. The official EIA data is out later today.

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Bloomberg reported that US crude inventories fell 800k barrels last week, according to people familiar with the API data. Cushing saw a 1.9mn drawdown, while gasoline rose 300k and distillate 1.1k. The official EIA data is out later today.