U.S. commercial crude stock for the past week increased by 1.7 million barrels - API

/IRBIS, August 17, 2011/ - The American Petroleum Institute (API) published a report according to which the week ended August 12, 2011, commercial U.S. crude stocks rose by 1.745 million barrels to 350.390 million. Gasoline inventories fell by 5.374 million barrels to 205.841 million, and stocks of distillates - by 1.293 million barrels to 148.866 million. The American Petroleum Institute is a national non-governmental organization dedicated to research all aspects and provides activities to regulate matters in the oil and gas industry. [2011-08-17]