Oil tanks
US oil inventories rose for the third successive week during the week ending August 14, according to data released Wednesday by the US Energy Information Administration (EIA), contrary to expectations that they would fall by 1.6 million barrels. 
What does this mean?The successive increases in crude oil inventories point to weaker inventory drawdowns, potentially reflecting a slowdown in domestic oil consumption, while refined product inventories showed mixed trends.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
420.7
424.4
428.8
+4.4
Gasoline
223.6
208.7
209.4
+0.7
Distillates
116
107.1
105.6
(1.5)
Oil tanks
US oil inventories rose for the third successive week during the week ending August 14, according to data released Wednesday by the US Energy Information Administration (EIA), contrary to expectations that they would fall by 1.6 million barrels.
What does this mean?The successive increases in crude oil inventories point to weaker inventory drawdowns, potentially reflecting a slowdown in domestic oil consumption, while refined product inventories showed mixed trends.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
420.7
424.4
428.8
+4.4
Gasoline
223.6
208.7
209.4
+0.7
Distillates
116
107.1
105.6
(1.5)
