:: Reports --- ID :: 14540
API data show a weekly increase in U.S crude stocks
weekly rise despite of short supplies?

By Srinivas Chowdary Sunkara // petrobazaar // 29-11-2017.

U.S API weekly crude stock for the week ending 24th Nov, 2017.

As per latest API's Weekly Statistics Bulletin (WSB), released as on 28th Nov, 2017, the actual weekly U.S. crude supplies for the week ended Nov 24th were built up  by 1.821 Mb against the estimated draw of 2.5Mb. As per the sources, The American Petroleum Institute reported a fall of 1.5 million barrels in gasoline inventories, while distillates inventories climbed  by nearly 2.7 million barrels as per the sources. Analysts polled by S&P Global Platts expect the EIA to report a fall of 3 million barrels in crude inventories along with a rise of 1.1 million barrels for gasoline and 160,000 barrels for distillate supplies are up during the week.

TAG LINES: American Petroleum Institute - API - Weekly statistics bulletin - WSB - Platts - Analysts S&P Global Platts - U.S.crude supplies -  crude inventories - gasoline supplies - distillate