Oil tanks
US oil stocks rose more than expected during the week ended Jan. 31, marking a second consecutive week of gains. 
According to data released today, Feb. 5, by the US Energy Information Administration (EIA), commercial oil stocks increased by 8.7 million barrels over the past week, significantly surpassing forecasts that predicted a rise of just 1.3 million barrels.
Meanwhile, gasoline stocks increased by 2.2 million barrels, while distillate stocks, which include diesel and heating oil, declined by 5.5 million barrels.
US Crude Derivative Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
427.4
415.1
423.8
+8.7
Gasoline
251.0
248.9
251.1
+2.2
Distillates
127.6
124.0
118.5
(5.5)
Oil tanks
US oil stocks rose more than expected during the week ended Jan. 31, marking a second consecutive week of gains.
According to data released today, Feb. 5, by the US Energy Information Administration (EIA), commercial oil stocks increased by 8.7 million barrels over the past week, significantly surpassing forecasts that predicted a rise of just 1.3 million barrels.
Meanwhile, gasoline stocks increased by 2.2 million barrels, while distillate stocks, which include diesel and heating oil, declined by 5.5 million barrels.
US Crude Derivative Inventories (mln barrels)
Item
Last Year
Last Week
Current
Weekly Change
Crude Oil
427.4
415.1
423.8
+8.7
Gasoline
251.0
248.9
251.1
+2.2
Distillates
127.6
124.0
118.5
(5.5)
