U.S. crude oil stocks last week fell for an eighth consecutive week to their lowest since January 2016, while gasoline stocks declined more than anticipated, the Energy Information Administration said on Wednesday. Crude inventories fell 3.3 million barrels in the week ending Aug. 18, largely in line with expectations for a decrease of 3.5 million barrels. Overall U.S. crude stocks fell to 463.2 million barrels, a 14-percent drop from the peak of 535.5 million barrels at the end of March. Oil prices have recovered from June lows as world supplies have started to tighten, in part due to efforts by the Organization of the Petroleum Exporting Countries, […]