Oil tanks
US crude oil inventories surged by 3.7 million barrels in the week ended June 7, contrary to expectations for a 1.2-million-barrel drop, the Energy Information Administration (EIA) data showed.
Gasoline stocks also rose 2.6 million barrels, with distillate stocks, which include diesel and heating oil, also up by 900,000 barrels.
|
US Crude & Derivatives Inventories (mln barrels) |
||||
|
Type |
Last Year |
Last Week |
Current |
Weekly Change |
|
Crude oil |
467.1 |
455.9 |
459.7 |
+3.7 |
|
Gasoline |
220.9 |
230.9 |
233.5 |
+2.6 |
|
Distillates |
113.9 |
122.5 |
123.4 |
+0.9 |
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