AI Summary
Oil tanks
US crude oil inventories decreased in the week ended Nov. 14, signaling resilient demand in the world's largest economy.
Commercial crude inventories fell by 3.4 million barrels, missing expectations for an increase by 100,000 barrels, according to data released by the Energy Information Administration (EIA) on Wednesday.
Meanwhile, gasoline inventories rose by 2.3 million barrels, with distillate stocks—including diesel and heating oil—increasing by 200,000 barrels.
|
US Crude & Derivatives Inventories (mln barrels) |
||||
|
Item |
Last Year |
Last Week |
Current |
Weekly Change |
|
Crude Oil |
430.3 |
427.6 |
424.2 |
(3.4) |
|
Gasoline |
208.9 |
205.1 |
207.4 |
+2.3 |
|
Distillates |
114.3 |
110.9 |
111.1 |
+0.2 |
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