AI Summary
Oil tanks
US crude stocks fell at a record pace and more than expected last week, the Energy Information Administration (EIA) said in a report.
Crude inventories declined last week by 17 million barrels from the previous week, compared to estimates of a drop of 1.3 million barrels.
Gasoline inventories rose last week by 1.5 million barrels, while distillate inventories declined by 800,000 barrels, the report added.
|
US Crude & Derivatives Inventories (mln barrels) |
||||
|
Item |
Last Year |
Last Week |
Current |
Weekly Change |
|
Crude Oil |
426.6 |
456.8 |
439.8 |
(17) |
|
Gasoline |
225.3 |
217.6 |
219.1 |
+1.5 |
|
Distillates |
109.3 |
117.9 |
117.2 |
(0.8) |
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