Oil tanks
US crude oil inventories declined more-than-expected in the week ended Nov. 22, while gasoline and distillates inventories grew, according to a report released by the Energy Information Administration (EIA).
Crude oil inventories fell 1.8 million barrels last week, versus the Wall Street Journal’s survey expectations of a 500,000-barrel decrease.
Gasoline stocks increased by 3.3 million barrels, contrary to projections of a 600,000-barrel drop. Meanwhile, distillate stocks, including diesel and heating oil, added nearly 400,000 barrels, compared to estimates of a 300,000-barrel rise.
|
US Crude & Derivatives Inventories (mln barrels) |
||||
|
Item |
Last Year |
Last Week |
Current |
Weekly Change |
|
Crude Oil |
449.7 |
430.3 |
428.4 |
(1.8) |
|
Gasoline |
218.2 |
208.9 |
212.2 |
+3.3 |
|
Distillates |
110.8 |
114.3 |
114.7 |
+0.4 |
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