API reports Draws in Crude, Distillate Supplies Last Week


   
    

   OAKHURST, N.J. (DTN) --- The American Petroleum Institute reported draws in 
commercial crude oil and distillate fuel inventories in the week ended Sept. 27 
while detailing a build in gasoline supply.

   API reports commercial crude oil stocks dropped 1.5 million bbl while at the 
Cushing, Oklahoma tank farm, the New York Mercantile Exchange delivery point 
for West Texas Intermediate futures, inventory rose 700,000 bbl.

   API data show gasoline supply increased 900,000 bbl in the week ended Sept. 
27 while distillate supply dropped 2.7 million bbl.




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