US crude oil inventories increased in the week ended Oct. 10, marking a rise for the third consecutive week, according to data released by the Energy Information Administration (EIA) on Thursday.
Commercial crude inventories rose by 3.5 million barrels to 423.8 million barrels last week, below expectations of an 300,000-barrel rise.
Meanwhile, gasoline inventories declined by 300,000 barrels, with distillate stocks—including diesel and heating oil—decreasing by 4.5 million barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
420.5
420.3
423.8
+3.5
Gasoline
212.7
219.1
218.8
(0.3)
Distillates
115.0
121.6
117.0
(4.5)
US crude oil inventories increased in the week ended Oct. 10, marking a rise for the third consecutive week, according to data released by the Energy Information Administration (EIA) on Thursday.
Commercial crude inventories rose by 3.5 million barrels to 423.8 million barrels last week, below expectations of an 300,000-barrel rise.
Meanwhile, gasoline inventories declined by 300,000 barrels, with distillate stocks—including diesel and heating oil—decreasing by 4.5 million barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
420.5
420.3
423.8
+3.5
Gasoline
212.7
219.1
218.8
(0.3)
Distillates
115.0
121.6
117.0
(4.5)
