The American Petroleum Institute reported that crude-oil supplies rose by 7.8 million barrels for the week ended May 4

SAN FRANCISCO (MarketWatch)
The American Petroleum Institute reported late Tuesday that crude-oil supplies rose by 7.8 million barrels for the week ended May 4
Gasoline inventories fell by 4.96 million barrels and distillate stocks declined 2.7 million, the trade group said
The API data come ahead of the more closely-watched U.S
Energy Information Administration report due Wednesday morning
Analysts polled by Platts expect to see a 2.2 million-barrel climb in crude-oil stocks
They also forecast a 600,000-barrel decline in gasoline stocks and unchanged inventories of distillates.