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10 January 2001 17:21  U.S. week to Jan 5 crude stocks down 400,000 barrels to 288.3 mln - DOE


Crude oil stocks fell 400,000 barrels to 288.3 mln in the week ended Jan 5 from the previous week, the Department of Energy (DOE) said. The DOE data compares with an estimate released yesterday by the American Petroleum Institute, a private trade association, that crude oil stocks fell 589,000 barrels to 288.45 mln. Year-on-year, crude oil stocks were up 3.6 mln barrels, DOE said. The API estimated that crude oil stocks were down 5.32 mln barrels year-on-year. Crude oil imports rose 485,000 barrels to 9.36 mln barrels a day, according to DOE. The API estimated that crude oil imports fell by 200,000 bpd to 8.98 mln bpd.
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