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Survey Estimates Stock Build for Crude, Draw for Products
9/26 9:32 AM
Survey Estimates Stock Build for Crude, Draw for Products NEW YORK (DTN) -- The latest DTN survey of analysts Tuesday morning shows crude oil inventories in the United States are estimated to have increased by 1.0 million bbl during the week-ended Sept. 22. The survey also shows an estimated 500,000 bbl crude stock build at the Cushing, Okla., delivery point for NYMEX West Texas Intermediate crude oil futures. On products, the survey shows gasoline and distillate fuel supplies are estimated to have been drawn down by 1.5 million bbl and 2.5 million bbl, respectively. The American Petroleum Institute will issue its oil report at 4:30 PM ET and the Energy Information Administration will release its weekly oil report at 10:30 AM ET Wednesday. George Orwel, 1.718.522.3969, george.orwel@dtn.com, www.dtn.com. (c) 2017 DTN. All rights reserved.