US gasoline stocks fall 2.9 million barrels: API

摘要

New York-US gasoline stocks dropped 2.9 million barrels last week despite implied demand falling back below the 9 million b/d level, according to an analysis May 5 of weekly oil data from the American Petroleum Institute. At 213.089 million barrels the week ending May 1, US gasoline stocks were 1.193 million barrels above year-ago levels, a razor thin surplus given that the traditional driving season in the US gets under way in less than three weeks.