API shows fall in weekly US crude, distillate stocks; rise in gasoline inventories, sources say

HOUSTON, Oct 14 (Reuters) — US crude oil and distillate inventories fell, while gasoline stocks rose last week, market sources said on Wednesday, citing data from the American Petroleum Institute. Crude stocks fell by 11.1 million barrels in the week ended October 9, the sources said on the condition of anonymity. Gasoline stocks rose by 1.1 million barrels, while distillate inventories fell by about 1.5 million barrels, compared with a week earlier, the sources said. (Reporting by Arathy Somasekhar in Houston; Editing by Chris Reese) ((arathy.s@thomsonreuters.com)