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‎US oil inventories rise 10.2 mln barrels last week

October 13, 2023
in Business
‎US oil inventories rise 10.2 mln barrels last week
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US oil inventories rise 10.2 mln barrels last week

Oil Tanks

US crude oil inventories increased in the week ended Oct. 6, while gasoline inventories and distillate stocks fell during the same period.

Crude oil rose 10.2 million barrels last week, compared to expectations of an increase by 1.3 million barrels, data from the US Energy Information Administration (EIA) showed.

Meanwhile, US gasoline inventories decreased by nearly 1.3 million barrels, and distillate stocks fell 1.8 million barrels.

US Crude & Derivatives Inventories (mln barrels)

Type

Last Year

Last Week

Current

Weekly Change

Crude Oil

439.1

414.1

424.2

+ 10.2

Gasoline

209.5

227.0

225.7

(1.3)

Distillates

106.1

118.8

117.0

(1.8)

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Argaam EN – https://www.argaam.com/en/article/articledetail/id/1676515

Tags: businessinventories‎US
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