‎US crude oil inventories fall for 7th consecutive week

‎US crude oil inventories fall for 7th consecutive week ‎US crude oil inventories fall for 7th consecutive week

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Oil tanks

US commercial crude oil inventories declined during the week ended June 5, according to data released by the US Energy Information Administration (EIA), beating expectations of a decline by 2.9 million barrels and marking the seventh consecutive weekly drop.

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US Crude Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

432.4

433.7

426.5

(7.2)

Gasoline

229.8

215.0

215.1

+0.2

Distillates

108.9

102.3

102.1

(0.2)

 

Oil tanks

US commercial crude oil inventories declined during the week ended June 5, according to data released by the US Energy Information Administration (EIA), beating expectations of a decline by 2.9 million barrels and marking the seventh consecutive weekly drop.

US Crude Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil

432.4

433.7

426.5

(7.2)

Gasoline

229.8

215.0

215.1

+0.2

Distillates

108.9

102.3

102.1

(0.2)

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