Commercial oil stocks in the U.S. for the last week rose by 1.7 million barrels - Forecasts of API

30.12.09 18:39
/IRBIS, December 30, 09/ - American Petroleum Institute (API) published a report according to which for the week ending at December 25, commercial crude oil reserves in the U.S. rose by 1.7 m. barrels. Gasoline inventories fell by 1.4 million barrels to 215.9 million, while distillate stocks on 3.5 million barrels to 165.1 million. 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. for the week ending December 18 fell by 4.9 million barrels to 327.5 m. barrels. At the same time gasoline inventories declined by 900.0 thousand barrels to 216.3 million barrels, while distillate stocks by 3.1 million barrels to 161.3 million barrels. [2009-12-30]