Tuesday, 02 January 2024 12:17 GMT

US Crude Stocks, Gasoline And Distillate Inventories Rise - EIA


(MENAFN- Khaleej Times)

U.S. crude stocks, gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday.

Crude inventories rose by 3.9 million barrels to 424.6 million barrels in the week ended September 5, the EIA said, compared with analysts' expectations in a Reuters poll for a 1 million-barrel draw.

Recommended For You

Crude stocks at the Cushing, Oklahoma, delivery hub fell by 365,000 barrels in the week, the EIA said.

Refinery crude runs fell by 51,000 barrels per day, the EIA said, while utilization rates rose by 0.6 percentage points to 94.9%.

U.S. gasoline stocks rose by 1.5 million barrels in the week to 220 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 0.2 million-barrel draw.​

Distillate stockpiles, which include diesel and heating oil, rose by 4.7 million barrels in the week to 120.6 million barrels, versus expectations for 35,000-barrel rise, the EIA data showed.

Net U.S. crude imports rose last week by 668,000 barrels per day, EIA said.

MENAFN10092025000049011007ID1110044937

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search