Commercial U.S. crude stocks fell by 860 thousand barrels for past week - API

/IRBIS, May 25, 2011/ - American Petroleum Institute (API) published a report according to which for the week ended May 20, 2011, commercial U.S. crude stocks fell by 860 thousand barrels to 368.108 million. Gasoline inventories rose by 2.442 million barrels to 211.223 million, and stocks of distillate - dropped by 846 thousand barrels to 143.767 million American Petroleum Institute is a national non-governmental organization dedicated to research all aspects of operations and provides management issues in the oil and gas industry. Today the publication of the report of Energy Information Administration (EIA) of U.S. Department of Energy is expected. According to the previous report, U.S. crude stocks for the week ended May 13, 2011 decreased by 15 thousand barrels to 370.312 million Gasoline inventories rose by 119 thousand barrels to 205.936 million, while distillate inventories - fell by 1.157 million barrels up to 143.132 million [2011-05-25]