‎US oil inventories rise 1.3M barrels last week

‎US oil inventories rise 1.3M barrels last week ‎US oil inventories rise 1.3M barrels last week

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Oil tanks

Crude oil inventories in the US rose unexpectedly in the week ended May 16, according to a report released by the Energy Information Administration (EIA).

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Crude oil inventories increased by about 1.3 million barrels last week, compared to expectations for a fall of about 800,000 barrels.

Gasoline inventories increased by 800,000 barrels, while distillate stocks—including diesel and heating oil—rose by 600,00 barrels.

US Crude Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

458.8

441.8

443.2

+1.3

Gasoline

226.8

224.7

225.5

+0.8

Distillates

116.7

103.6

104.1

+0.6

 

Oil tanks

Crude oil inventories in the US rose unexpectedly in the week ended May 16, according to a report released by the Energy Information Administration (EIA).

Crude oil inventories increased by about 1.3 million barrels last week, compared to expectations for a fall of about 800,000 barrels.

Gasoline inventories increased by 800,000 barrels, while distillate stocks—including diesel and heating oil—rose by 600,00 barrels.

US Crude Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

458.8

441.8

443.2

+1.3

Gasoline

226.8

224.7

225.5

+0.8

Distillates

116.7

103.6

104.1

+0.6

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