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

11.11.09 18:11
/IRBIS, November 11, 09/ - The American Petroleum Institute (API) published a report according to which for the week ending November 6, commercial crude oil reserves in the U.S. rose by 1.2 million barrels to 337.5 million barrels. Gasoline inventories rose 1.4 million barrels to 211.5 million barrels, while distillate stocks - by 640.0 thousand barrels to 168.8 million barrels. American Petroleum Institute is national non-governmental organization engaged in research on all aspects and ensures 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 U.S. declined for the week ending Oct. 30, at 3.9 million barrels to 335.9 million gasoline inventories declined by 300.0 thousand barrels to 208.3 million barrels, while distillate stocks at 400.0 thousand barrels to 167.4 million barrels. [2009-11-11]