* U.S. ethanol production falls 32,000 bpd to 872,000 bpd * U.S. weekly ethanol stocks rise to 18.8
mln barrels (Corrects recent high in ethanol futures to three - year high from record high, paragraph eight) By Michael Hirtzer CHICAGO, July 13 (Reuters)- U.S. ethanol production fell 3.5 percent while stocks climbed in the latest reporting week, despite profitable margins at many biofuel refineries.
(BS Meter alert)-- On the news, oil slid 3 % ---- API data showed a build of 4.46 mln
mln barrels of oil for the week ended Aug 19, compared to last week's draw of 1.0
mln barrels.