The American Petroleum Institute said that crude oil stocks in the United States rose by 736,000 barrels for the week ending June 10.
The weekly data of the Petroleum Institute revealed that gasoline stocks fell by 2.2 million barrels last week, while distillate stocks rose by 234 thousand barrels.
Today, Wednesday, the US Energy Information Administration is scheduled to release official data on stocks, amid expectations that crude stocks will fall by 1.1 million barrels.
Oil prices fell yesterday, as the benchmark Brent crude price for August delivery fell 0.9% to $121.17 a barrel.
The US NYMEX crude for July delivery also fell by 1.7% to reach $118.93.
