51.   The API is expected to show a decline in heating oil inventories.

52.   The API reported a decline in heating oil inventories, as expected.

53.   The fact that U.S. and European oil inventories are running far behind their historic averages also has help buoy oil prices.

54.   The drop in production comes at a time when gasoline and heating oil inventories are lean and gasoline demand is on the rise.

55.   Traders now are awaiting a report on U.S. oil inventories, to be issued after trading tomorrow by the American Petroleum Institute.

56.   Traders are also waiting for a key weekly bulletin on U.S. oil inventories and production, to be issued by the American Petroleum Institute after markets close tomorrow.

57.   Traders also are awaiting a weekly report on oil inventories and production, to be released by the American Petroleum Institute after markets close today.

58.   U.S. oil inventories are low because refiners have been trying to cut costs and free up their capital.

59.   U.S. oil inventories are running leaner than last year because companies such as refiners moved to cut costs.

60.   Traders also are awaiting a weekly report on U.S. oil inventories and production, to be released by the American Petroleum Institute after markets close tomorrow.