Commercial reserves of oil in the U.S. over the past week rose by 3.2 MILLION. BARRELS - API

04.05.11 17:57
/IRBIS, May 4, 2011/ - American Petroleum Institute (API) published a report according to which for the week ended April 29, 2011, commercial U.S. crude stocks rose by 3.196 million barrels to 364.245 million. Gasoline inventories rose by 680 thousand barrels to 211.292 million, and stocks of distillate - declined by 1.492 million barrels to 146.875 million American Petroleum Institute is a national non-governmental organization dedicated to research all aspects of operations and provide management issues in the oil and gas industry. Today a report of Energy Information Administration (EIA) of U.S. Department of Energy will be published. According to the previous report, U.S. crude stocks for the week ended April 22, 2011, increased by 6.156 million barrels to 363.125 million Gasoline inventories declined by 2.508 million barrels to 205.588 million, while distillate inventories - at 1.805 million barrels to 146.530 million [2011-05-04]