the american petroleum institute reported late tuesday that us crude supplies rose by 28 million barrels for the week ended march 4 according to sources the api also reportedly showed weekly inventory declines of nearly 2 million barrels for gasoline and 55 million barrels for distillates crude stocks at the cushing okla delivery hub were down by 367000 barrels last week sources said inventory data from the energy information administration will be released wednesday on average the eia is expected to show crude inventories down by 700000 barrels according to analysts polled by sp global commodity insights the survey also showed expectations for weekly supply declines of 22 million barrels for gasoline and 18 million barrels for distillates oil prices extended their gains in the electronic trading session after the api data april west texas intermediate crude clj22 was at 12453 a barrel in electronic trading after settling tuesday at 12370 on the new york mercantile  the highest finish for a frontmonth contract since august 2008 after the us announced a ban on oil from russia