Oil tanks
US crude oil inventories decreased in the week ended Oct. 17, amid lower gasoline and distillate stockpiles, signaling resilience in US fuel consumption.
Commercial crude inventories shed one million barrels to stand at 422.8 million barrels last week, missing expectations for a one-million-barrel rise, according to data released by the Energy Information Administration (EIA) on Wednesday.
Meanwhile, gasoline inventories declined by 2.1 million barrels, with distillate stocks—including diesel and heating oil—also decreasing by 1.5 million barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
426
423.8
422.8
(1)
Gasoline
213.6
218.8
216.7
(2.1)
Distillates
113.8
117
115.6
(1.5)
Oil tanks
US crude oil inventories decreased in the week ended Oct. 17, amid lower gasoline and distillate stockpiles, signaling resilience in US fuel consumption.
Commercial crude inventories shed one million barrels to stand at 422.8 million barrels last week, missing expectations for a one-million-barrel rise, according to data released by the Energy Information Administration (EIA) on Wednesday.
Meanwhile, gasoline inventories declined by 2.1 million barrels, with distillate stocks—including diesel and heating oil—also decreasing by 1.5 million barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
426
423.8
422.8
(1)
Gasoline
213.6
218.8
216.7
(2.1)
Distillates
113.8
117
115.6
(1.5)

