U.S. crude oil inventories down last week
The American Petroleum Institute (API) on Tuesday reported a decrease of 577,000 barrels of crude oil in U.S. inventories for the week ending July 18.
The API reported a surge of 19.1 million barrels in the previous week.
Oil prices fell on Tuesday.
The West Texas Intermediate for August delivery dropped 1.47 percent to 66.21 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery lost 0.9 percent to settle at 68.59 dollars a barrel on the London ICE Futures Exchange.
Source: Xinhua
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