Reply #71: here are the Petroleum Inventory Reports [View All]

[UpInArms]

API reports small decline in crude stocks

http://www.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38616.4441287384-843142449&siteID=mktw&scid=0&doctype=806&property=symb&value=&categories=&

NEW YORK (MarketWatch) -- The American Petroleum Institute said crude inventories fell by 158,000 barrels for the week ended Sept. 16 -- that's just over half the government's reported 300,000-barrel decline. Motor gasoline inventories rose 2.1 million barrels. Distillate stocks were up 3.2 million barrels, the API said.

U.S. crude stocks fall; gasoline stocks up: Energy Dept

http://www.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38616.4411710995-843141901&siteID=mktw&scid=0&doctype=806&property=symb&value=&categories=&

NEW YORK(MarketWatch) -- The Energy Department said crude inventories fell for the week ended Sept. 16, down 300,000 barrels to total 308.1 million. They've already fallen 14.5 million barrels in the last three-straight weeks. Motor gasoline supplies rose by 3.4 million barrels to 195.4 million. Distillate stocks were up 800,000 barrels at 134.1 million barrels. Energy prices continued higher with all eyes on Hurricane Rita. October unleaded gas is up 5.7% at $2.09 a gallon. October crude is up $1.20 at $67.30 a barrel after trading as high as $68.10 earlier. October heating oil is up 2.4% at $2.06 a gallon.

How would anyone really know what the numbers are :crazy: