The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 2.6 million barrels for the week ended March 8, according to sources. The API also reportedly showed that gasoline stockpiles dropped by 5.8 million barrels, while distillate inventories rose by 195,000 barrels. Inventory data from the Energy Information Administration will be released Wednesday. The EIA data are expected to show crude supplies climbed by 3.3 million barrels last week, according to a survey of analysts conducted by S&P Global Platts. It also shows expectations for inventory declines of 3.5 million barrels for gasoline and 2.5 million barrels for distillates. April West Texas Intermediate crude CLJ9, +0.48% was at $57.09 a barrel in electronic trading, up from the $56.87 settlement on the New York Mercantile Exchange . Have breaking news sent to your inbox. Subscribe to MarketWatch’s free Bulletin emails. Sign up here.