Commercial oil in the U.S. last week fell by 3.3 million barrels - forecast of API

04.11.09 17:23
/IRBIS, November 4, 09/ - The American Petroleum Institute (API) published a report according to which for the week ending Oct. 30, commercial crude oil reserves in the U.S. fell by 3.3 million barrels. Gasoline inventories rose by 501.0 thousand barrels, while distillate stocks - by 1.8 million barrels. American Petroleum Institute is national non-governmental organization engaged in research on all aspects and ensure that activities are management issues in the field of oil and gas industry. Today is scheduled for release official data of State Energy Information Administration (EIA) U.S. Department of Energy on the weekly change in commercial stocks of crude oil and petroleum products in the country. According to the previous EIA report oil reserves in the United States rose for the week ending Oct. 23, at 800.0 thousand barrels. Gasoline inventories rose 1.7 m. barrels, while distillate stocks fell by 2.1 million barrels. [2009-11-04]