Commercial stocks of petroleum in the U.S. last week fell by 4.5 million barrels - API

09.06.10 18:02
/IRBIS, June 9, 2010/ - The American Petroleum Institute (API) published a report according to which for the week ending June 4, 2010, commercial oil reserves in the U.S. declined by 4.544 million barrels to 358.161 million, gasoline stocks increased by 1,481 million barrels to 219.019 million, while distillate stocks also rose to 3,002 million barrels to 151.505 million American Petroleum Institute - a national non-governmental organization dedicated to research all aspects and ensure that activities are management issues in the field of oil and gas industry. Today is expected to announce the official data of State Energy Information Administration (EIA) of U.S. Department of Energy on the weekly change in commercial stocks of crude oil and petroleum products in the country. According to a recent report by EIA oil reserves in the U.S. for the week ended May 28, 2010 decreased by 1.9 million barrels to 363.2 million. This motor gasoline inventories also fell by 2.6 million barrels to 219.0 million and stocks of distillates rose by 500.0 thousand barrels to 153.0 million [2010-06-09]