Singapore markets closed

NewsBreak: Crude Supplies Rise, Gasoline Stocks Fall, API Data Shows - U.S. crude stockpiles rose last week, while gasoline stocks fell, according to an estimate from the American Petroleum Institute released Tuesday.

The API said crude inventories rose by 4.1 million, with gasoline supplies down by 5.9 million barrels for the week ended Oct. 4.

Analysts expect that the Energy Information Administration will report a build of 1.4 million barrels when it releases its petroleum data on Wednesday. The EIA numbers are due at 10:30 AM ET (14:30 GMT).

WTI futures settled down 0.2% at $52.63 and were off 0.4% in late trading.

Related Articles

U.S. Farm Struggle Not So Bad Unless You Have Cows, Analyst Says

Oil down, Stuck in Range Trade as Trump Again Hits China

Gold Sits at $1,500, Awaiting Direction on Trade War