API: Crude and refined product inventories both fell last week

According to foreign news on October 17, data released by the American Petroleum Institute (API) on Tuesday showed that U.S. crude oil and refined oil inventories both fell last week. In the week ended October 13, crude oil inventories fell by approximately 4.4 million barrels. Gasoline inventories fell by 1.6 million barrels, and distillate inventories…