Oil tanks
US crude oil inventories declined in the week ended April 24, according to data released Wednesday by the Energy Information Administration (EIA), falling more than expected, compared with forecasts pointing to a decrease of 100,000 barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
440.4
465.7
459.5
(6.2)
Gasoline
225.5
228.4
222.3
(6.1)
Distillates
107.8
108.1
103.6
(4.5)
The data reflects rising fuel demand in the United States ahead of the summer travel season, despite higher oil prices driven by geopolitical tensions in the Middle East.
Oil tanks
US crude oil inventories declined in the week ended April 24, according to data released Wednesday by the Energy Information Administration (EIA), falling more than expected, compared with forecasts pointing to a decrease of 100,000 barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
440.4
465.7
459.5
(6.2)
Gasoline
225.5
228.4
222.3
(6.1)
Distillates
107.8
108.1
103.6
(4.5)
The data reflects rising fuel demand in the United States ahead of the summer travel season, despite higher oil prices driven by geopolitical tensions in the Middle East.

