Commercial reserves of oil in the U.S. over the past week rose by 2.7 MILLION. BARRELS - API

/IRBIS, May 18, 2011/ - American Petroleum Institute (API) published a report according to which for the week ended May 13, 2011, commercial U.S. crude stocks rose by 2.669 million barrels to 369.862 million. Gasoline inventories decreased by 676 thousand barrels to 208.781 million, and stocks of distillate - by 2,844 thousand barrels to 144.613 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 6, 2011, increased by 3.781 million barrels to 370.327 million. Gasoline inventories rose by 1.275 million barrels to 205.817 million, while distillate inventories declined by 843 thousand barrels to 144.289 million. [2011-05-11]