API: Distillate Fuel Inventory Fell Over 3.0M Bbl Last Week


   
Dawn Gallagher
DTN Energy Reporter

   OAKHURST, N.J. (DTN) --- The American Petroleum Institute reported builds in 
commercial crude oil and gasoline supplies in the week ended June 27 while 
distillate fuel supply dropped.

   API reports distillate stockpiles slid 3.458 million bbl last week and 
gasoline inventory rose 1.920 million bbl.

   The data show commercial crude oil supply increased 680,000 bbl in the week 
ended June 27 while supply at the Cushing, Oklahoma tank farm, the delivery 
point for New York Mercantile Exchange West Texas Intermediate futures, fell 
1.417 million bbl.




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