‎US crude inventories lose 2.7M barrels last week

‎US crude inventories lose 2.7M barrels last week ‎US crude inventories lose 2.7M barrels last week

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Oil tanks

US crude oil inventories decreased in the week ended April 25, according to data released by the Energy Information Administration (EIA) on Wednesday.

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Commercial crude inventories fell by 2.7 million barrels last week, compared to expectations for a 100,000-barrel rise.

Gasoline inventories also declined by four million barrels, while distillate stocks—including diesel and heating oil—increased by 900,000 barrels.

US Crude Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

460.9

443.1

440.4

(2.7)

Gasoline

227.1

229.5

225.5

(4.0)

Distillates

115.9

106.9

107.8

+0.9

 

Oil tanks

US crude oil inventories decreased in the week ended April 25, according to data released by the Energy Information Administration (EIA) on Wednesday.

Commercial crude inventories fell by 2.7 million barrels last week, compared to expectations for a 100,000-barrel rise.

Gasoline inventories also declined by four million barrels, while distillate stocks—including diesel and heating oil—increased by 900,000 barrels.

US Crude Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

460.9

443.1

440.4

(2.7)

Gasoline

227.1

229.5

225.5

(4.0)

Distillates

115.9

106.9

107.8

+0.9

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