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Petroleum Institute: falling US oil inventories 482 thousand barrels

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Rocky


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Petroleum Institute: falling US oil inventories 482 thousand barrels





11.18.2015

Data from the American Petroleum Institute showed that crude oil inventories in the United States fell last week as imports fell and rising refinery production increased while gasoline stocks and distillate stocks fell.
Crude stocks have fallen by 482 thousand barrels in the week to 485.7 million barrels, compared with analysts' expectations of an increase of 1.9 million barrels.
The institute said that crude inventories in US crude delivery depot in Cushing, Oklahoma rose 1.3 million barrels.
And distillate stocks fell 1.5 million barrels, compared with analysts' expectations, down by 0.5 million Brmel.anthy 29/4 e

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