Oil tanks
US crude oil inventories decreased in the week ended Oct. 24, signaling increased US fuel consumption.
Commercial crude inventories fell by 6.9 million barrels, missing expectations for a decline by 900,000 barrels, according to data released by the Energy Information Administration (EIA) on Wednesday.
Meanwhile, gasoline inventories shed 5.9 barrels, with distillate stocks—including diesel and heating oil—decreasing by 3.4 million barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
425.5
422.8
416.0
(6.9)
Gasoline
210.9
216.7
210.7
(5.9)
Distillates
112.9
115.6
112.2
(3.4)
Oil tanks
US crude oil inventories decreased in the week ended Oct. 24, signaling increased US fuel consumption.
Commercial crude inventories fell by 6.9 million barrels, missing expectations for a decline by 900,000 barrels, according to data released by the Energy Information Administration (EIA) on Wednesday.
Meanwhile, gasoline inventories shed 5.9 barrels, with distillate stocks—including diesel and heating oil—decreasing by 3.4 million barrels.
US Crude Derivatives Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
425.5
422.8
416.0
(6.9)
Gasoline
210.9
216.7
210.7
(5.9)
Distillates
112.9
115.6
112.2
(3.4)

