Oil tanks
Crude oil inventories in the US fell more than expected in the week ended Aug. 16, according to a report released by the Energy Information Administration (EIA).
Crude oil inventories fell by 4.6 million barrels last week, compared to expectations for a drop of about two million barrels.
Gasoline stocks decreased by 1.6 million barrels, while distillate fuel inventories were down by nearly 3.3 million barrels.
|
US Crude & Derivatives Inventories (mln barrels) |
||||
|
Type |
Last Year |
Last Week |
Current |
Weekly Change |
|
Crude oil |
433.5 |
430.7 |
426.0 |
(4.6) |
|
Gasoline |
217.6 |
222.2 |
220.6 |
(1.6) |
|
Distillates |
116.7 |
126.1 |
122.8 |
(3.3) |
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