US crude oil inventories increased during the week ended Nov. 28, indicating weaker demand in the world’s largest economy.
Commercial crude stockpiles rose by 600,000 barrels last week, while estimates pointed to a decline of 1.7 million barrels, according to data released on Dec. 3 by the Energy Information Administration (EIA).
Gasoline inventories rose by 4.5 million barrels, and distillate stocks — including diesel and heating oil — climbed by 1.1 million barrels.
US Crude and Refined Product Inventories (mln barrels)
Category
Year Ago
Previous Week
Current
Weekly Change
Crude Oil
423.4
426.9
427.5
+0.6
Gasoline
214.6
209.9
214.4
+4.5
Distillates
118.1
112.2
114.3
+2.1
US crude oil inventories increased during the week ended Nov. 28, indicating weaker demand in the world’s largest economy.
Commercial crude stockpiles rose by 600,000 barrels last week, while estimates pointed to a decline of 1.7 million barrels, according to data released on Dec. 3 by the Energy Information Administration (EIA).
Gasoline inventories rose by 4.5 million barrels, and distillate stocks — including diesel and heating oil — climbed by 1.1 million barrels.
US Crude and Refined Product Inventories (mln barrels)
Category
Year Ago
Previous Week
Current
Weekly Change
Crude Oil
423.4
426.9
427.5
+0.6
Gasoline
214.6
209.9
214.4
+4.5
Distillates
118.1
112.2
114.3
+2.1
