AI Summary
Oil tanks
US crude oil inventories added 1.6 million barrels in the week ended March 10, against analysts' consensus in a Reuters poll for a 1.2-million-barrel rise, the US Energy Information Administration (EIA) data showed.
Meanwhile, gasoline inventories plunged by 2.1 million barrels, with distillate stocks also shedding 2.5 million barrels.
|
US Crude & Derivatives Inventories (mln barrels) |
||||
|
Type |
Last Year |
Last Week |
Current |
Weekly Change |
|
Crude oil |
415.9 |
478.5 |
480.1 |
1.5+ |
|
Gasoline |
241 |
238.1 |
236 |
(2.1) |
|
Distillates |
114.2 |
122.3 |
119.7 |
(2.5) |
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