U.S. Petroleum Weekly – November 3, 2011

(For The Week Ending October 28, 2011)

I would say that the market is balanced now and all depends on the economic conditions.

Crude stocks rose 1.8 million barrels; Gasoline stocks were up 1.4 million barrels; Distillate stocks fell 3.6 million barrels; Propane/propylene stocks increased 1.2 million barrels; Other oils stocks fell 0.5 million barrels; Total crude oil and petroleum stocks were up 1.8 million barrels.

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