Investing.com – U.S. crude oil futures fell in post-settlement trading on Tuesday after the American Petroleum Institute reported mixed inventory data, while domestic weekly crude stocks fell but gasoline stocks unexpectedly rose, clouding the demand outlook.
the US benchmark, traded at $79.76 per barrel after the report, having settled 1.4% lower at $80.76 per barrel.
fell by about 4.4 million barrels for the week ending July 12, compared to a decline of 1.9 million barrels reported by the API for the previous week.
The API data showed gasoline inventories increased by 365,000 barrels, while distillate inventories – the class of fuels that includes diesel and heating oil – increased by 4.9 million barrels.
The report is expected at 10:30 AM EST (3:30 PM GMT) on Wednesday.
