API: Crude, Gasoline Stock Builds, Distillates Draw on Wee
2/04 3:51 PM
API: Crude, Gasoline Stock Builds, Distillates Draw on Week
OAKHURST, N.J. (DTN) --- The American Petroleum Institute reported
commercial crude supply continued to build in the final week of January while
gasoline inventory once again posted a build while distillate supply drawn
down.
API reports commercial crude oil supply increased 5.025 million bbl last
week. At the Cushing, Oklahoma tank farm, the delivery point for New York
Mercantile Exchange West Texas Intermediate futures, stocks added 110,000 bbl.
Gasoline inventory posted a build fo 5.426 million bbl in the week ended
Jan. 31 and distillate fuel supply tumbled 6.979 million bbl.
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