Oil Tanks
US crude oil inventories added 3.2 million barrels in the week ended March 29, against expectations for a 600,000-barrel drop.
Gasoline stocks, however, shed 4.3 million barrels, exceeding the S&P Global Commodity Insights survey estimate for a decline of 800,000 barrels.
Meanwhile, distillate stocks, which include diesel and heating oil, fell by nearly 1.3 million barrels, surpassing the 900,000-barrel projections.
US Crude & Derivatives Inventories (mln barrels) |
||||
Type |
Last Year |
Last Week |
Current |
Weekly Change |
Crude oil |
470.0 |
448.2 |
451.4 |
+3.2 |
Gasoline |
222.6 |
232.1 |
227.8 |
(4.3) |
Distillates |
113.1 |
117.3 |
116.1 |
(1.3) |
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