U.S. commercial crude stocks for the past week decreased by 2.7 mln barrels - API

/IRBIS, June 29, 2011/ - The American Petroleum Institute (API) published a report according to which for the week ended June 24, 2011, commercial U.S. crude stocks fell by 2.699 million barrels to 360.252 million. Gasoline stocks fell by 91 thousand barrels to 211.844 million, and distillates - by 945 thousand barrels to 142.224 million The American Petroleum Institute is a national non-governmental organization dedicated to research all aspects and provide activities to regulate matters in the oil and gas industry. Today publication of a report of Energy Information Administration (EIA) under U.S. Department of Energy is expected. According to the previous report, U.S. crude stocks for the week ended June 17, 2011, decreased by 1.711 million barrels to 363.844 million. Gasoline inventories fell by 464 thousand barrels to 214.601 million, while distillate inventories - increased by 1.173 million barrels to 141.994 million [2011-06-29]