Oil tanks
US crude oil inventories fell in the week ended Dec. 5, while gasoline stockpiles remarkably rose.
Commercial crude inventories fell by 1.8 million barrels, beating expectations for an increase by 1.6 million barrels, according to data released by the Energy Information Administration (EIA) on Wednesday.
Gasoline inventories climbed by 6.4 million barrels, while distillate stocks, including diesel and heating oil, increased by 2.5 million barrels.
|
US Crude & Derivatives Inventories (mln barrels) |
||||
|
Item |
Last Year |
Last Week |
Current |
Weekly Change |
|
Crude Oil |
422 |
427.5 |
425.7 |
(1.8) |
|
Gasoline |
219.7 |
214.4 |
220.8 |
+6.4 |
|
Distillates |
121.3 |
114.3 |
116.8 |
+2.5 |
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