Oil tanks
US crude oil inventories slipped by 4.9 million barrels in the week ended July 12, contrary to expectations for a 900,000-barrel drop, the Energy Information Administration (EIA) data showed.
Gasoline stocks, on the other hand, added 3.3 million barrels, with distillate stocks, including diesel and heating oil, also soaring by roughly 3.5 million barrels.
|
US Crude & Derivatives Inventories (mln barrels) |
||||
|
Type |
Last Year |
Last Week |
Current |
Weekly Change |
|
Crude Oil |
457.4 |
445.1 |
440.2 |
(4.9) |
|
Gasoline |
218.4 |
229.7 |
233.0 |
+3.3 |
|
Distillates |
118.2 |
124.6 |
128.1 |
+3.5 |
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