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US Gasoline Stocks Drop To Lowest Since December

Oil

US gasoline inventories fell by 4.45M bbls w-o-w to 231.21M bbls in the week ending 14 July, the lowest since December 2016, US EIA data shows. USWC gasoline stocks were the lowest since December 2015 at 26.89M bbls, down by 1.68M bbls (or 6%) from the prior week.