API: Crude, Gasoline, Distillate Stocks Rose Last Week
9/09 4:27 PM
API: Crude, Gasoline, Distillate Stocks Rose Last Week
Miguel E. Andujar
DTN Refined Fuels Market Reporter
DAVENPORT, FL (DTN) -- The American Petroleum Institute on Wednesday
reported a build in U.S. crude and distillate fuel inventories for the week
ended September 5, while gasoline stocks saw a modest increase.
API reported U.S. commercial crude oil supply rose by 1.250 million bbl last
week, while inventories at Cushing, Oklahoma, the delivery point for NYMEX West
Texas Intermediate futures, increased by 2.063 million bbl.
Gasoline inventories rose by 0.329 million bbl in the week ending September 5,
marking a slight rebound after previous declines, while distillate fuel stocks
increased 1.500 million bbl for the week.
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