‎US oil inventories decrease by 3.9M barrels last week

‎US oil inventories decrease by 3.9M barrels last week ‎US oil inventories decrease by 3.9M barrels last week

​‎

Oil tanks

US crude oil inventories missed expectations for stable prices in the July 11-ended week and decreased by about 3.9 million barrels

Advertisement

Meanwhile, gasoline inventories rose by 3.4 million barrels, and distillate stocks — including diesel and heating oil — added 4.2 million barrels, according to a report released by the Energy Information Administration (EIA).

US Crude Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

440.2

426.0

422.2

(3.9)

Gasoline

233.0

229.5

232.9

+3.4

Distillates

128.1

102.8

107.0

+4.2

 

Oil tanks

US crude oil inventories missed expectations for stable prices in the July 11-ended week and decreased by about 3.9 million barrels

Meanwhile, gasoline inventories rose by 3.4 million barrels, and distillate stocks — including diesel and heating oil — added 4.2 million barrels, according to a report released by the Energy Information Administration (EIA).

US Crude Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

440.2

426.0

422.2

(3.9)

Gasoline

233.0

229.5

232.9

+3.4

Distillates

128.1

102.8

107.0

+4.2

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Your email address will not be published.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