US oil inventories fall 2.2 mln barrels last week

04/10/2023 Argaam

US oil inventories fall 2.2 mln barrels last week

Oil Tanks


US crude oil inventories declined in the week ended Sept. 29, while gasoline inventories rose and distillate stocks fell during the same period.

 

Crude oil fell 2.2 million barrels last week, compared to expectations of a decline by 446,000 barrels, data from the US Energy Information Administration (EIA) showed.

 

US gasoline inventories increased by nearly 6.5 million barrels, while distillate stocks fell 1.3 million barrels.

 

US Crude & Derivatives Inventories (mln barrels)

Type

Last Year

Last Week

Current

Weekly Change

Crude Oil

414.1

416.3

429.2

(2.2)

Gasoline

207.5

220.5

227.0

+6.5

Distillates

110.9

120.1

118.8

(1.3)

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