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Crude inventories fall more than expected in the US: API

NEW YORK, Feb 17 (.) – US oil inventories fell more than expected in the most recent week, data from the American Petroleum Institute (API) business group showed on Tuesday.

* Crude inventories fell 5.8 million barrels in the week ended February 12 to about 468 million barrels, which compares with analysts’ expectations in a . poll of a drop of 2.4 million barrels. barrels.

* Crude stocks at the Cushing, Oklahoma, delivery center fell 3 million barrels, API said.

* Refining increased 71,000 barrels per day, according to the data.

* Gasoline inventories rose 3.9 million barrels, compared to analysts’ expectations in a . poll of a rise of 1.4 million barrels.

* Inventories of distillates, which include diesel and heating oil, fell 3.5 million barrels, versus expectations of a 1.6 million barrel decline.

* US crude imports rose 26,000 bpd, the data showed.

* Crude futures expanded their gains after the API data was released. (New York Energy Newsroom Report. Edited in Spanish by Javier López)