API: Crude Stocks Rise by 1.019M Bbl
Barani Krishnan
DTN Refined Fuels Market Reporter
SECAUCUS, NJ (DTN) -- U.S. commercial crude oil inventories increased by
1.019 million bbl during the week ended September 25, while refined products
showed mixed results, the American Petroleum Institute (API) reported on
Tuesday (9/29).
API also reported a crude inventory build of 233,000 bbl at the Cushing,
Oklahoma, delivery point for NYMEX West Texas Intermediate futures.
Gasoline inventories increased by 2.991 million bbl during the reported
week, while distillate fuel oil stocks fell by 286,000 bbl.
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