:: Reports --- ID :: 14652
API reported a significant stock drawings
production Up

By Srinivas Chowdary Sunkara // petrobazaar // 04-01-18

API WEEKLY STATISTICAL BULLETIN FOR THE WEEK ENDING 29-12-17

As per the latest U.S weekly crude stock report of American Petroleum Institute, Crude stock piles fell by around 5 million barrels. gasoline stocks rose 1.9 million barrels while inventories of distillates climbed by 4.3 million barrels. Analysts polled by S&P Global Platts expect the EIA to report a decline of 5.7 million barrels for crude inventories while product stocks to rise 2 million barrels for gasoline  and 1.3 million barrels for distillates.