US crude inventories up by 1.3M barrels

10/01/2024 Argaam
Oil tankers

Oil tankers

Crude oil inventories in the US increased, compared to estimates. Gasoline and distillate stocks also rose.  

 

Crude oil inventories in the US grew by 1.3 million barrels in the week ended Jan. 5, ahead of estimates for 200,000 barrels, data from the US Energy Information Administration (EIA) showed.

 

Gasoline and distillate stocks rose by eight million barrels and nearly 6.5 million barrels, respectively.

 

US Crude & Derivatives Inventories (mln barrels)

Period

Last Year

Last Week

Current

Weekly Change

Crude Oil  

439.6

431.1

432.4

+1.3

Gasoline  

226.8

237.0

245.0

+8.0

Distillates  

117.7

125.9

132.4

+6.5

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