:: Reports --- ID :: 14566
API expect a large draw in U.S crude stocks during last week
Drop in crude, Rise in gasoline

By Srinivas Chowdary Sunkara // petrobazaar // 6-12-2017.

U.S API weekly crude stock for the week ending 1st Dec, 2017.

As per latest API's Weekly Statistics Bulletin (WSB), released as on 5th Dec, 2017, the actual weekly U.S. crude supplies for the week ended Dec 1st were down  by 5.481 Mb against the estimated draw of 4.1Mb. As per the sources, The American Petroleum Institute reported a rise of 9.2 million barrels in gasoline inventories, while distillates inventories climbed  by nearly 4.3 million barrels as per the sources. Analysts polled by S&P Global Platts expect the EIA to report a fall of 4.1 million barrels in crude inventories along with a rise of 2.7 million barrels for gasoline and 1.5M 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