21-06-2016 23:43 via uk.news.yahoo.com

Oil ends down, then rises after settlement on big draw

By Barani Krishnan NEW YORK (Reuters) - Oil prices settled lower on Tuesday on profit taking after a two-day rally, then rose in post-settlement trade after data showing a larger-than-expected draw in U.S. crude stockpiles. Crude inventories fell by 5.2 million barrels for the week ended June 17, the American Petroleum Institute (API) said. Gasoline prices rose after Royal Dutch Shell Plc shut its gasoline-producing fluidic catalytic cracking unit at the 316,600 barrel per day (bpd) Deer Park, T
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