API SAYS DISTILLATE, GAS STOCKS OFF IN WEEK
Distillate fuel stocks held in
primary storage fell by 7.35 mln barrels in the week ended
March 13 to 112.74 mln barrels from a revised 120.09 mln the
previous week, the American Petroleum Institute (API) said.
    In its weekly statistical bulletin, the oil industry trade
group said gasoline stocks fell 2.89 mln barrels to 248.44 mln
barrels from a revised 251.33 mln, and crude oil stocks dropped
4.39 mln barrels to 325.13 mln from a revised 329.52 mln.
    It said residual fuel stocks fell 250,000 barrels to 35.73
mln from 35.98 mln barrels.
    API said refinery runs in the week rose to 11.80 mln
barrels per day (bpd) from a revised 11.70 mln and refinery use
of operating capacity was 75.7 pct, up from a revised 75.0 pct.
    Crude oil imports in the week rose to 3.66 mln bpd from a
revised 2.67 mln, API added.
 Reuter
