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ProShares Ultra Bloomberg Crude Oil Message Board

  • zsma188 zsma188 Aug 31, 2010 5:54 PM Flag

    API Thread for Weds

    Seems crude is piling up everywhere...gotta see
    tomorrow's numbers.

    SAN FRANCISCO (MarketWatch) -- The American Petroleum
    Institute said late Tuesday crude-oil inventories rose
    4.7 million barrels in the week ending Aug. 27, a higher-
    than-expected increase. Inventories of gasoline declined
    899,000 barrels, the API said. Stockpiles of distillates
    declined 1.8 million. Analysts polled by Platts had
    expected a rise of 1.9 million for crude oil, a decrease
    of 1 million for gasoline, and a rise of 1 million for
    distillates stocks. More closely watched data from the
    Department of Energy is scheduled for Wednesday at 10:30
    a.m. Eastern.

 
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