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 |
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