Oil tanks
US crude oil inventories declined in the week ended May 15, according to data released Wednesday by the Energy Information Administration (EIA), falling more than expected, compared with forecasts pointing to a decrease of 2.9 million barrels. 
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
443.2
452.9
445.0
(7.9)
Gasoline
225.5
215.7
214.2
(1.5)
Distillates
104.1
102.5
102.9
+0.4
The data points to sustained fuel demand in the United States ahead of the summer travel season, despite higher fuel prices driven by the war in the Middle East.
Oil tanks
US crude oil inventories declined in the week ended May 15, according to data released Wednesday by the Energy Information Administration (EIA), falling more than expected, compared with forecasts pointing to a decrease of 2.9 million barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
443.2
452.9
445.0
(7.9)
Gasoline
225.5
215.7
214.2
(1.5)
Distillates
104.1
102.5
102.9
+0.4
The data points to sustained fuel demand in the United States ahead of the summer travel season, despite higher fuel prices driven by the war in the Middle East.
