EIa and API

US Oil Inventory

Weekly change in inventory as of 11/09/09	Actual	Change	Market Expectation	Previous
Crude oil	332.8 mmb	-4.73 mmb	-2.50 mmb	-5.91 mmb
Gasoline	207.7 mmb	+0.55 mmb	+0.70mmb	+2.07 mmb
Distillate	167.8 mmb	+2.24 mmb	+1.25 mmb	+1.99 mmb

Comparison between API and EIA reports:

		API (Sep 11)			EIA (Sep 11)
	Actual	Inventory	Previous		Forecast (using API's inventory level)	Inventory
Crude oil	+0.63 mmb	336.9 mmb	-7.22 mmb		-7.39 mmb	337 mmb
Gasoline	+1.35 mmb	208.8 mmb	+0.57 mmb		+2.42mmb	209 mmb
Distillate	+5.20 mmb	170.3 mmb	+3.28 mmb		+1.54 mmb	170 mmb

API collects stockpile information on a voluntary basis from operators of refineries, b