Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

API reports small crude supply increase

API reports small crude supply increase (by Claudia Assis)

SAN FRANCISCO (MarketWatch) -- Crude-oil inventories rose 163,000 barrels in the week to Feb. 18, the American Petroleum Institute said late Wednesday. Analysts polled by Platts had expected an increase by 1.4 million barrels. The Washington-based trade group also said gasoline supplies declined 1.6 million barrels, and stocks of distillates, which include heating oil and diesel, declined 534,000 barrels. The analysts had seen gasoline stocks up 950,000 barrels, and distillates stocks declining 1.7 million barrels. The Energy Information Administration reports its more closely watched data at 11 a.m. Thursday, a day later than usual due to Monday's Presidents Day holiday.

Messages In This Thread

API reports small crude supply increase