:: Reports --- ID :: 14506
API reported a drop in crude stocks while gasoline stocks on rise
erasing stocks build

By Srinivas Chowdary Sunkara // petrobazaar // 21-11-2017

U.S API weekly crude stock for the week ending 17th Nov, 2017.

As per latest API's Weekly Statistics Bulletin (WSB), released as on 21st Nov, 2017, the actual weekly U.S. crude supplies for the week ended Nov 17th were dropped  by 6.4 M b against the estimated draw of 1.5M. As per the sources, The American Petroleum Institute reported a build in gasoline inventories by 0.869 million barrels, while distillates inventories fell by nearly 1.7 million barrels as per the sources. Analysts polled by S&P Global Platts expect the EIA to report a fall of 2.1 million barrels in crude inventories along with a rise of 1 million barrels for gasoline and 1.8 million barrels for distillate supplies drop 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