US crude oil inventories decreased in the week ended Nov. 14, signaling resilient demand in the world’s largest economy.
Commercial crude inventories fell by 3.4 million barrels, missing expectations for an increase by 100,000 barrels, according to data released by the Energy Information Administration (EIA) on Wednesday.
Meanwhile, gasoline inventories rose by 2.3 million barrels, with distillate stocks—including diesel and heating oil—increasing by 200,000 barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
430.3
427.6
424.2
(3.4)
Gasoline
208.9
205.1
207.4
+2.3
Distillates
114.3
110.9
111.1
+0.2
US crude oil inventories decreased in the week ended Nov. 14, signaling resilient demand in the world’s largest economy.
Commercial crude inventories fell by 3.4 million barrels, missing expectations for an increase by 100,000 barrels, according to data released by the Energy Information Administration (EIA) on Wednesday.
Meanwhile, gasoline inventories rose by 2.3 million barrels, with distillate stocks—including diesel and heating oil—increasing by 200,000 barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
430.3
427.6
424.2
(3.4)
Gasoline
208.9
205.1
207.4
+2.3
Distillates
114.3
110.9
111.1
+0.2
