US oil inventories fall, miss forecasts

26/02/2025 ِArgaam
Oil tanks

Oil tanks


US crude oil inventories declined in the week ended Fed. 21, shedding as many as 2.3 million barrels, against forecasts for an increase of nearly 1.7 million barrels, the Energy Information Administration (EIA) data showed.

 

Gasoline stocks increased by 400,000 barrels and distillate stocks, including diesel and heating oil, rose by 3.9 million barrels.

 

US Crude & Derivatives Inventories (mln barrels)

Item

Last Year

Last Week

Current

Weekly Change

Crude Oil  

447.2

432.5

430.2

 (2.3)

Gasoline  

244.2

247.9

248.3

+0.4

Distillates  

121.1

116.6

120.5

+3.9

 

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