API Oil Inventories
Source: American Petroleum Institute
Crude oil supplies increased by 4.69 million barrels during the week ended April 6, the
American Petroleum Institute
reported Tuesday evening. Analysts were expecting an increase of 2.3 million barrels, according to a
poll. Total supplies of crude oil now stand at 307.89 million barrels, 10.8 million barrels higher than a year ago.
For the same period ended April 6, distillate stocks (heating oil and diesel fuel) fell by about 1.74 million barrels. Supplies are now at 104.71 million barrels, a 7.2 million-barrel surplus compared to a year ago.