API: Crude Oil Inventory Rose, Gasoline, Distillates Stocks DN Last Wk


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN) -- The American Petroleum Institute reported a weekly 
build in commercial crude oil, and a draw on gasoline and distillates 
inventories for the week ending May 9 .

   API reported commercial crude oil supply rose by 4.29 million bbl last week. 
The data showed crude oil stocks at the Cushing, Oklahoma, tank farm, the 
delivery point for New York Mercantile Exchange West Texas Intermediate 
futures, rose by 850,000 bbl during the week ended May 9.

   In contrast, gasoline and distillates stocks dropped by 1.37 million bbl and 
by 3.68 million bbl, respectively, in the same reference week.




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