Gasoline supply jumps, oil supply falls: API

SAN FRANCISCO (MarketWatch)
Gasoline supplies, as reported by the American Petroleum Institute late Tuesday, rose more than expected for the week ended Nov. 30, and crude supplies fell more than forecast, following revisions to the previous week's data
Gasoline inventories rose 5.7 million barrels last week, the trade group said
Crude-oil supplies fell 2.2 million barrels, while distillate inventories climbed by 1.1 million barrels
The API data come ahead of the more closely watched U.S. Energy Information Administration report due Wednesday
Analysts polled by Platts expect a 1.25 million-barrel decline in crude-oil supplies
They also forecast a rise of 2 million barrels in gasoline inventories and a climb of 800,000 barrels in distillate supplies