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- Wednesday's EIA report showed that (1) US crude oil inventories as of August 2 were -5.6% below the seasonal 5-year average, (2) gasoline inventories were -2.0% below the seasonal 5-year average, and (3) distillate inventories were -6.5% below the 5-year seasonal average.
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What happened to US crude oil inventories?
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5 days ago · Crude oil inventories in the United States fell by 4.339 million barrels for the week ending September 20, according to The American Petroleum Institute (API). Analysts had expected a drop, but a ...
- Declining U.S. Petroleum Inventories Push Oil Prices Higher
Despite a crude oil inventory build in the latest EIA...
- Declining U.S. Petroleum Inventories Push Oil Prices Higher
Jan 21, 2022 · Crude stocks are 17 million barrels (4%) below the average, with stocks around the NYMEX delivery point at Cushing particularly tight at 16 million barrels (33%) under the average.
Sep 22, 2024 · U.S. commercial crude oil inventories, excluding the Strategic Petroleum Reserve, were at 492.4 million barrels, which was 13% above the five-year seasonal average (Figure 1). However, it marked the third consecutive week that total inventories were below 500 MMbbl, which had not happened since COVID-19 lockdown measures began to be implemented ...
Jan 25, 2022 · Despite a crude oil inventory build in the latest EIA report, U.S. commercial petroleum stocks have declined in most of the weeks in the past year and a half, falling below seasonal...
Aug 8, 2024 · Wednesday's EIA report showed that (1) US crude oil inventories as of August 2 were -5.6% below the seasonal 5-year average, (2) gasoline inventories were -2.0% below the seasonal 5-year...
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.5 million barrels from the previous week. At 413.0 million barrels, U.S. crude oil inventories are about 5% below the five year average for this time of year. Total motor gasoline inventories
Aug 7, 2024 · Wednesday's EIA report showed that (1) US crude oil inventories as of August 2 were -5.6% below the seasonal 5-year average, (2) gasoline inventories were -2.0% below the seasonal 5-year...