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4/6, 10:32 PM (Source: TeleTrader)
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US oil inventories drop by 2.62 million barrels - reports

Crude inventories in the United States declined by 2.62 million barrels in the week ending April 2, private data from the American Petroleum Institute (API) reportedly showed on Tuesday.

Meanwhile, gasoline stockpiles in the US soared by 4.55 million barrels during the same week, while the country's distillate reserves rose by 2.81 million barrels.

Breaking the News / ND