Reply #36: DOE: Petroleum Inventories and API Petroleum Inventories [View All]

[UpInArms]

10:33am 03/30/05 DOE: DISTILLATE INVENTORIES DOWN 1.1 MILLION BARRELS

10:31am 03/30/05 DOE: GASOLINE SUPPLIES DOWN 2.9 MILLION BARRELS

10:30am 03/30/05 DOE: CRUDE SUPPLIES UP 5.4 MILLION BARRELS

I wonder what the difference between the DOE and API will be this week :eyes:

Gasoline supplies and distillates took another pounding, but with crude supplies being up, OPEC won't need to hike output :eyes:

on edit - adding API numbers:

10:41am 03/30/05 API: DISTILLATE INVENTORIES DOWN 639,000 BARRELS

10:42am 03/30/05 API: GASOLINE SUPPLIES LOWER BY 1.9 MILLION BARRELS

10:41am 03/30/05 API: CRUDE INVENTORIES ROSE 2.6 MILLION BARRELS

DOE: crude inventories +5.4 million
API: crude inventories +2.6 million

difference of 2.8 million

DOE: gasoline inventories -2.9 million
API: gasoline inventories -1.9 million

difference of 1 million

DOE: distillates inventories -1.1 million
API: distillates inventories -639,000

difference of 461,000

who to believe?