According to the API data cited in the news, how much did U.S. crude oil inventories change in the week ended May 29, and for how many consecutive weeks have they declined?

U.S. crude oil inventories fell by 6.8 million barrels in the week ended May 29, marking the seventh straight week of declines, as reported by market sources citing American Petroleum Institute (API) data released on Tuesday.

What were the changes in gasoline and distillate inventories for the same week, according to the API data referenced in the article?

Gasoline inventories rose by 3.5 million barrels, while distillate inventories fell by 214,000 barrels compared with the previous week, according to the same API data cited by anonymous market sources.

API Shows US Crude Inventories Fell for Seventh Straight Week

Jun 2, 2026

U.S. crude oil inventories dropped by 6.8 million barrels for the seventh consecutive week ending May 29, while gasoline stocks rose by 3.5 million barrels, according to API data.

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