Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (48503)	7/28/1999 9:36:00 AM
From: John Doyle	Respond to of 95453

WOW!

To: ChanceIs who wrote (48503)	7/28/1999 10:13:00 AM
From: Think4Yourself	Read Replies (3) \| Respond to of 95453

U.S. Oil Statistics: DOE, API Weekly Comparison Washington, July 28 (Bloomberg) -- U.S. crude oil inventories fell 5.2 million barrels to 329.0 million barrels in the week ending July 23, the U.S. Department of Energy says. This compares with last night's report by the industry- funded American Petroleum Institute which said crude inventories fell 1.7 million barrels to 331.20 million barrels in the same period. Total U.S. gasoline supplies fell 3.7 million barrels to 208.2 million barrels according to the API, and fell 3.5 million barrels to 205.4 million barrels according to the EIA. Reformulated gasoline (RFG) supplies, rose 54,000 barrels to barrels to 41.8 million barrels last week, the API report said. The EIA said RFG supplies rose 500,000 barrels to 41.5 million barrels. RFG is the grade delivered against New York unleaded gasoline futures. API said U.S. distillate supplies, including heating oil and diesel fuel fell 271,000 barrels to 135.3 million barrels, while the EIA said they rose 800,000 barrels to 136.9 million barrels. Daily U.S. crude imports, excluding crude oil held in the Strategic Petroleum Reserve, rose 215,000 barrels to 9.2 million barrels a day according to the API and rose 483,000 barrels to 9.5 million barrels per day according to the EIA. The API said U.S. refineries operated at 98.7% capacity in the week ending July 23 compared with 98.1% in the previous week while the EIA said refineries operated at 96.5% capacity compared with 95.6% the previous week. The following table shows weekly and yearly changes to important elements of refining and production reports by the American Petroleum Institute and Energy Information Administration for the week ending July 23. API Week Ending: DOE Week Ending: 7/23/99 7/16/99 7/23/99 7/16/99 Stocks ('000 bbls) Crude Oil 331,200 332,878 329,000 334,200 Total Gasoline 208,159 211,903 205,400 208,900 RFG Gasoline 41,774 41,720 41,500 41,000 Distillate Fuels 135,305 135,576 136,900 136,100 Imports ('000 barrels) Crude 9,180 8,965 9,483 9,000 Products 808 940 1,015 930 Gross/Operations ('000 b/d) Gross Runs 16,527 16,587 15,579 15,437 Crude Runs 15,281 15,261 15,342 15,379 Utilization (%) 98.7 98.1 96.5 95.6 --------------------------------------------------------------------------------