Commercial reserves of oil in the U.S. over the past week rose by 2.9 MILLION. BARRELS - API

/IRBIS, May 11, 2011/ - American Petroleum Institute (API) published a report according to which for the week ended May 6, 2011, commercial U.S. crude stocks rose by 2.948 million barrels to 367.193 million. Gasoline inventories decreased by 1,835 thousand barrels to 209.457 million, and stocks of distillate - increased by 582 thousand barrels to 147.457 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 29, 2011, increased by 3.421 million barrels to 366.546 million. Gasoline inventories declined by 1.046 million barrels to 204.542 million, while distillate inventories - at 1.398 million barrels to 145.132 million [2011-05-11]