Oil tanks
Crude oil inventories in the US fell more than expected in the week ended Aug. 30, according to a report released by the Energy Information Administration (EIA).
Crude oil inventories fell by 6.9 million barrels last week, compared to the expectations for a drop of about 600,000 barrels.
Gasoline stocks increased by 800,000 barrels, while distillate fuel inventories were down by nearly 400,000 barrels.
US Crude & Derivatives Inventories (mln barrels) |
||||
Item |
Last Year |
Last Week |
Current |
Weekly Change |
Crude Oil |
416.6 |
425.2 |
418.3 |
(6.9) |
Gasoline |
214.7 |
218.4 |
219.2 |
+0.8 |
Distillates |
118.6 |
123.1 |
122.7 |
(0.4) |
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