AI Summary
Oil tankers
US crude oil inventories witnessed a higher-than-anticipated slump of about 3.2 million barrels in the July 18-ended week, surpassing analyst expectations for an 800,000-barrel decline.
Likewise, gasoline inventories fell by 1.7 million barrels for the same week, according to a report released by the Energy Information Administration (EIA).
Meanwhile, distillate stocks — including diesel and heating oil — added 2.9 million barrels.
|
US Crude & Derivatives Inventories (mln barrels) |
||||
|
Item |
Last Year |
Last Week |
Current Week |
Weekly Change |
|
Crude Oil |
436.5 |
422.2 |
419.0 |
(3.2) |
|
Gasoline |
227.4 |
232.9 |
231.1 |
(1.7) |
|
Distillates |
125.3 |
107.0 |
109.9 |
+2.9 |
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