‎US crude stocks rise by 3M barrels

‎US crude stocks rise by 3M barrels ‎US crude stocks rise by 3M barrels

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Oil tanks

US crude oil inventories rose unexpectedly during the week ended Aug. 8.

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Commercial crude inventories increased by three million barrels last week, compared to expectations for a decline of 1 million barrels, data released on Aug. 13 by the Energy Information Administration (EIA) showed.

Meanwhile, gasoline inventories fell by 800,000 barrels during the same period, while distillate inventories — including diesel and heating oil — rose by 700,000 barrels.

US Crude Derivatives Supply (mln barrels)

Category

Last Year

Last Week

Current Week

Weekly Change

Crude Oil

430.7

423.7

426.7

+3

Gasoline

222.2

227.1

226.3

(0.8)

Distillates

126.1

113.0

113.7

+0.7

 

Oil tanks

US crude oil inventories rose unexpectedly during the week ended Aug. 8.

Commercial crude inventories increased by three million barrels last week, compared to expectations for a decline of 1 million barrels, data released on Aug. 13 by the Energy Information Administration (EIA) showed.

Meanwhile, gasoline inventories fell by 800,000 barrels during the same period, while distillate inventories — including diesel and heating oil — rose by 700,000 barrels.

US Crude Derivatives Supply (mln barrels)

Category

Last Year

Last Week

Current Week

Weekly Change

Crude Oil

430.7

423.7

426.7

+3

Gasoline

222.2

227.1

226.3

(0.8)

Distillates

126.1

113.0

113.7

+0.7

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