Commercial oil fell by 4.4 million barrels in last week in the U.S. - Forecasts of API

/IRBIS, November 18, 09/ - The American Petroleum Institute (API) published a report according to which for the week ending at Nov. 13, commercial crude oil reserves in the U.S. fell by 4.4 million barrels. Gasoline inventories fell by 1.0 m. barrels, while distillate stocks rose by 500.0 thousand 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 for the week ending on November 6, rose by 1.8 million barrels. At the same time gasoline inventories rose to 2.5 m. barrels, while distillate stocks were at 300.0 th. barrels. [2009-11-18]