‎US oil inventories add 2.6M barrels

‎US oil inventories add 2.6M barrels ‎US oil inventories add 2.6M barrels

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Oil tanks

US oil inventories increased more than expected during the week ended April 4.

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According to data issued by the US Energy Information Administration today, April 9, commercial oil inventories rose by 2.6 million barrels last week, against forecasts for a 2.1-million-barrel uptick.

Meanwhile, gasoline inventories fell by 1.6 million barrels, with distillate stocks— which include diesel and heating oil—also down by 3.5 million barrels.

US Crude Derivatives (mln barrels)

Item

Last Year

Last Week

Current Week

Weekly Change

Crude Oil

457.3

439.8

442.3

+2.6

Gasoline

228.5

237.6

236.0

(1.6)

Distillates

117.7

114.6

111.1

(3.5)

 

Oil tanks

US oil inventories increased more than expected during the week ended April 4.

According to data issued by the US Energy Information Administration today, April 9, commercial oil inventories rose by 2.6 million barrels last week, against forecasts for a 2.1-million-barrel uptick.

Meanwhile, gasoline inventories fell by 1.6 million barrels, with distillate stocks— which include diesel and heating oil—also down by 3.5 million barrels.

US Crude Derivatives (mln barrels)

Item

Last Year

Last Week

Current Week

Weekly Change

Crude Oil

457.3

439.8

442.3

+2.6

Gasoline

228.5

237.6

236.0

(1.6)

Distillates

117.7

114.6

111.1

(3.5)

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