API Reports Crude, Refined Product Stocks Higher on Week
1/22 3:42 PM
API Reports Crude, Refined Product Stocks Higher on Week OAKHURST, N.J. (DTN) -- The American Petroleum Institute this afternoon reported a build in U.S. commercial crude oil inventory during the week-ended Jan. 17, while detailing another weekly build in gasoline and distillate supplies. API reported commercial crude oil supplies increased 1.57 million bbl in the week profiled versus calls for a 2 million bbl draw, while at the Cushing, Oklahoma-hub crude stocks fell 429,000 bbl last week. Gasoline supply posted a 4.5 million bbl build in the week profiled compared with an estimated 4.1 million bbl build and distillate stockpiles rose 3.5 million bbl versus calls for an increase of 2.1 million bbl. (c) 2020 DTN. All rights reserved.
 
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