U.S. crude oil and product inventories likely fell last week, a preliminary Reuters poll showed on Monday.

The poll was conducted ahead of reports from the American Petroleum Institute, an industry group, due at 4:30 p.m. EDT (2030 GMT) on Tuesday, and the Energy Information Administration, the statistical arm of the U.S. Department of Energy, due at 10:30 a.m. (1430 GMT) on Wednesday.

Distillate inventories USOILD=ECI, which include diesel and heating oil, were expected to have decreased by about 1.8 million barrels last week.

Analysts estimated stockpiles of gasoline USOILG=ECI fell by about 1.9 million barrels last week.

Crude inventories USOILC=ECIrose by 597,000 barrels in the week to April 7 to 470.5 million barrels, compared with analysts’ expectations in a Reuters poll for a 600,000 barrel drop.

The rate of refinery utilization USOIRU=ECI was seen 0.6 percentage point higher from 89.3% of total capacity for the week ended April 7, the poll found.

All figures for stocks are in millions of barrels. Refinery runs change is measured in percentage points.
Source: Reuters (Reporting by Brijesh Patel in Bengaluru; Editing by Sharon Singleton)