The American Petroleum Institute reported late Tuesday that U.S. crude supplies climbed by roughly 4.9 million barrels for the week ended June 7, according to sources. The API also reportedly showed a stockpile increase of 829,000 barrels in gasoline, while distillate supplies fell by 3.5 million barrels. Inventory data from the Energy Information Administration will be released Wednesday, The EIA data are expected to show crude inventories edged up by a modest 80,000 barrels last week, according to a survey of analysts conducted by S&P Global Platts. The survey also forecast a supply decrease of 380,000 barrels for ... (full story)