API reports 1.5 million barrels crude gain, higher than expected

Investing.com - The American Petroleum Institute said late Tuesday that crude oil stocks rose 1.5 million barrels last week, above a forecast of a 900,000 barrels build, while distillate inventories jumped 5.5 million barrels an gasoline supplies rose 1.7 million barrels.

Stocks at Cushing, Oklahoma, fell by 200,000 barrels.

More closely-watched official data from the U.S. Department of Energy will be released on Wednesday.