US commercial oil inventories declined during the week ending Sept. 4, according to data released Thursday by the US Energy Information Administration (EIA).
The decline, which is for the second consecutive week, is much lower than analyst expectations of a drop by 1.4 million barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
424.6
424.5
424.1
(0.4)
Gasoline
220.0
205.7
206.9
+1.3
Distillates
120.6
104.2
106.3
+2.1
US commercial oil inventories declined during the week ending Sept. 4, according to data released Thursday by the US Energy Information Administration (EIA).
The decline, which is for the second consecutive week, is much lower than analyst expectations of a drop by 1.4 million barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
424.6
424.5
424.1
(0.4)
Gasoline
220.0
205.7
206.9
+1.3
Distillates
120.6
104.2
106.3
+2.1
