StockMarketWire.com - US crude oil inventories fell by 2.3 million barrels to 357.0 million barrels in the week ending 15 April. The US Energy Information Administration said crude oil inventories are in the upper limit of the average range for this time of year. Total motor gasoline inventories decreased by 1.6 million barrels last week and are in the lower limit of the average range. Both finished gasoline inventories and blending components inventories decreased last week. Distillate fuel inventories decreased by 2.5 million barrels last week and are above the upper limit of the average range for this time of year. Propane/propylene inventories decreased by 0.4 million barrels last week and are below the lower limit of the average range. Total commercial petroleum inventories decreased by 6.7 million barrels last week.

Source