‎US oil inventories rise 3.5M barrels last week

‎US oil inventories rise 3.5M barrels last week ‎US oil inventories rise 3.5M barrels last week

​‎

Oil tanks

Crude oil inventories in the US rose more than expected in the week ended May 9, according to a report released by the Energy Information Administration (EIA).

Advertisement

Crude oil inventories increased by about 3.5 million barrels last week, compared to expectations for a fall of about 1.8 million barrels.

Gasoline inventories decreased by one million barrels, while distillate stocks—including diesel and heating oil—declined by 3.2 million barrels.

US Crude Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

457.0

438.4

441.8

+3.5

Gasoline

227.8

225.7

224.7

(1.0)

Distillates

116.4

106.7

103.6

(3.2)

 

Oil tanks

Crude oil inventories in the US rose more than expected in the week ended May 9, according to a report released by the Energy Information Administration (EIA).

Crude oil inventories increased by about 3.5 million barrels last week, compared to expectations for a fall of about 1.8 million barrels.

Gasoline inventories decreased by one million barrels, while distillate stocks—including diesel and heating oil—declined by 3.2 million barrels.

US Crude Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

457.0

438.4

441.8

+3.5

Gasoline

227.8

225.7

224.7

(1.0)

Distillates

116.4

106.7

103.6

(3.2)

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement