U.S. crude stockpiles unexpectedly rise 4.5 mln barrels

25/02/2022 Argaam
Oil Tanks

Oil Tanks

The U.S. crude stockpiles increased 4.5 million barrels during the week ending Feb. 18, compared to the expected decline of 300,000 barrels, data from the Energy Information Administration (EIA) showed.

 

Meanwhile, the gasoline and distillate stockpiles declined 600,000 barrels each during the same period.

 

US Crude and Derivatives Stockpiles (mln barrels)

Items

Before 1 Year

Before 1 Week

Current

Weekly Change

Crude

463

411.5

416

+4.5

Gasoline

257.1

247.1

246.5

(0.6)

Distillates

152.7

120.3

119.7

(0.6)

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