Saturday, December 28, 2024
U.S. crude stocks build unexpectedly, fuel draws down amid export surge - EIA- oil and gas 360

U.S. crude stocks build unexpectedly, fuel draws down amid export surge – EIA

Nasdaq U.S. crude oil stockpiles rose unexpectedly last week, while distillate and gasoline inventories dropped again as refiners continue to boost fuel exports to a world in need of supply, the Energy Information Administration said on Wednesday. Crude inventories USOILC=ECI rose by 1.3 million barrels in the week to April 29 to 415.7 million barrels, compared with analysts’ expectations in a Reuters

U.S. crude oil inventories increase by 0.5 million barrels- oil and gas 360

U.S. crude oil inventories increase by 1.3 million barrels

Weekly Crude Oil Storage as of April 29, 2022   U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.3 million barrels from the previous week.  At 415.7million barrels, U.S. crude oil inventories are about 15% below the five year average for this time of year, according to the EIA crude oil and petroleum weekly