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To: jim_p who wrote (4335)5/8/2001 3:41:16 PM
From: jim_p  Respond to of 23153
 
U.S. gasoline stocks are expected to increase moderately in this week's API inventory data, according to a Dow Jones Newswires survey of seven analysts. The report, covering the week ended May 4, is scheduled for release after 4:30 p.m. EDT (2130 GMT).

Inventories of gasoline are expected to increase by an average of 1.5 million barrels above the 198.751 million barrels reported last week. The estimates ranged from no change in stocks to a build of 3.5 million barrels.

Most analysts surveyed expect crude oil stocks to shrink as imports slip and refiners boost production. Five analysts expect crude stocks to draw down by an average of 1.6 million barrels, while two others see inventories building by about 3 million barrels.

Refinery utilization is expected to increase by an average of 0.4 percentage point to 96.2% of operable capacity.

news.ino.com