Oil futures are little changed after API report shows a bigger-than-expected crude pullback by Investing.com

Investing.com — U.S. crude oil futures were little changed in post-settlement trading on Tuesday after the American Petroleum Institute reported a bigger-than-expected decline in weekly domestic crude inventories.

the US benchmark recently traded at $71.50 a barrel following the report, after settling up 1.7% at $71.56 a barrel.

fell by about 4.3 million barrels for the week ended Sept. 20, compared with a 2 million barrel build reported by the API for the previous week. Economists had expected a decline of about 1.1 million barrels.

Gasoline stocks fell by about 3.4 million barrels, while distillate stocks — the fuel class that includes diesel and — fell by 1.1 million barrels.

The report will take place on Wednesday at 10:30 AM EST (1530 GMT).