The American Petroleum Institute (API) reported a significant decrease in U.S. distillate inventories for the week ending April 10. According to Jin10, the stocks fell by 3.363 million barrels, surpassing the anticipated decline of 2.5 million barrels. The previous week's data showed a decrease of 599,000 barrels. This larger-than-expected drop in distillate stocks may impact market dynamics and energy prices.
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U.S. API Distillate Stocks Fall More Than Expected
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