Commercial oil in the U.S. for a last week fell by 5.8 million barrels - forecasts of API

09.12.09 17:52
/IRBIS, December 9, 09/ - American Petroleum Institute (API) published a report according to which for the week ending at December 4 that the commercial oil reserves in the U.S. fell by 5.8 million barrels. Gasoline inventories declined by 753.0 th. barrels while distillate stocks rose by 1.0 m. 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, expecting a release of official data of State Energy Information Administration (EIA) U.S. Department of Energy about 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. for the week ending at November 27 increased by 2.1 million barrels to 339.9 million gasoline inventories rose by 4 million barrels to 214.1 million, while distillate stocks fell by 1,2 million barrels to 165.7 million. [2009-12-09]