AI Summary
Oil tanks
US Crude oil inventories rose in the week ended March 20, contrary to expectations of a decline by 200,000 barrels, according to a report released by the Energy Information Administration (EIA).
|
US Crude & Derivatives Inventories (mln barrels) |
||||
|
Item |
Last Year |
Last Week |
Current |
Weekly Change |
|
Crude Oil |
433.6 |
449.3 |
456.2 |
+6.9 |
|
Gasoline |
239.1 |
244.0 |
241.4 |
(2.6) |
|
Distillates |
114.8 |
116.9 |
119.9 |
+3.0 |
This may indicate a continued weak demand for the US crude during the week, which led to increased inventories.
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