US oil inventories gain 1.6 mln barrels: EIA

15/03/2023 Argaam

Oil tanks


US crude oil inventories added 1.6 million barrels in the week ended March 10, against analysts' consensus in a Reuters poll for a 1.2-million-barrel rise, the US Energy Information Administration (EIA) data showed.

 

Meanwhile, gasoline inventories plunged by 2.1 million barrels, with distillate stocks also shedding 2.5 million barrels.

 

US Crude & Derivatives Inventories (mln barrels)

Type

Last Year

Last Week

Current

Weekly Change

Crude oil

415.9

478.5

480.1

1.5+

Gasoline

241

238.1

236

(2.1)

Distillates

114.2

122.3

119.7

(2.5)

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