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