API: Crude Stocks Rise by 1.786M Bbl
Barani Krishnan
DTN Refined Fuels Market Reporter
SECAUCUS, NJ (DTN) -- U.S. commercial crude oil inventories increased by
1.786 million bbl during the week ended September 18, while refined products
saw draws across the board, the American Petroleum Institute (API) reported on
Tuesday (9/22).
API also reported a crude inventory build of 2.082 million bbl at the
Cushing, Oklahoma, delivery point for NYMEX West Texas Intermediate futures.
Gasoline inventories decreased by 2.16 million bbl during the reported week,
while distillate fuel oil stocks fell by 2.164 million bbl.
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