The American Petroleum Institute reported a mixed report amid a smaller than expected build in weekly domestic crude stocks, but an upside surprise in gasoline stocks. U.S. crude inventories increased by about 0.18 million barrels for the week ended Aug. 2, compared with a draw of 4.5M barrels reported by the API for the previous week. Gasoline stockpiles rose by 3.31M barrels, while distillate inventories -- the class of fuels that includes diesel and heating oil -- increased by 1.22M barrels.

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