Oil tanks
US Crude oil inventories fell in the week ended April 10, against expectations of an increase by 900,000 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
442.9
464.7
463.8
(0.9)
Gasoline
234.0
239.3
232.9
(6.3)
Distillates
109.2
114.7
111.6
(3.1)
What does this mean?The data show a relative improvement in demand within the US market, reflecting an increase in the pace of consumption, despite rising prices due to geopolitical tensions in the Middle East.
Oil tanks
US Crude oil inventories fell in the week ended April 10, against expectations of an increase by 900,000 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
442.9
464.7
463.8
(0.9)
Gasoline
234.0
239.3
232.9
(6.3)
Distillates
109.2
114.7
111.6
(3.1)
What does this mean?The data show a relative improvement in demand within the US market, reflecting an increase in the pace of consumption, despite rising prices due to geopolitical tensions in the Middle East.

