Commercial oil fell by 3.2 million barrels in the U.S. last week - API Forecast

02.09.09 12:26
/IRBIS, September 2,09/ - American Petroleum Institute (API) published a report, according to it, for the week ending August 28, commercial crude oil reserves in the U.S. fell by 3.2 million barrels to 343.5 million barrels. Petrol reserves fell by 2.8 million barrels to 206.9 million barrels, while distillate stocks rose by 920.0 thousand barrels to 161.8 million barrels. American Petroleum Institute - the national non-governmental organization engaged in research in the field of oil and gas industry. Today, it is expected release official data of State Energy Information Administration (EIA) on the weekly change in commercial stocks of crude oil and petroleum products in the USA. According to the previous EIA report oil reserves in the country for the week ending August 21 rose to 200.0 thousand barrels to 343.8 million barrels. Petrol reserves fell by 1.7 million barrels to 208.1 million barrels, while distillate stocks rose by 800.0 thousand barrels to 162.4 million barrels. [2009-09-02]