US oil inventories rise 5.9 mln barrels last week

12/07/2023 Argaam

US oil inventories rise 5.9 mln barrels last week

Oil tanks


US distillates inventories rose 4.8 million barrels, while gasoline stocks stabilized in the week ended July 7.

 

Crude oil gained 5.9 million barrels last week, beating expectations of a increase of 483,000 barrels, data from the US Energy Information Administration (EIA) showed.

 

US gasoline inventories fell by 200,000 barrels during the same week, while distillate stocks increased by 1 million barrels.

 

US Crude & Derivatives Inventories (mln barrels)

Type

Last Year

Last Week

Current

Weekly Change

Crude oil

427.1

542.2

458.1

+5.9

Gasoline

224.9

219.5

219.5

--

Distillates

113.8

113.4

118.2

+4.8

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read