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US Gasoline, Distillate Inventories Continue to Fall as Crude Stocks Hold

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EIA Reports 3M Barrel Crude Build as Distillate Stocks Fall 12% Below Average
Crude oil inventories in the United States saw an increase of 3 million barrels during the week ending September 18, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 426.4 million barrels, according to government data, which is now 2% above the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day earlier, which reported that crude oil inventories had gained 1.786 million barrels in…
OilPrice.com•Julianne Geiger
22 de septiembre
Primera noticia22 sept, 21:08
US Gasoline, Distillate Inventories Continue to Fall as Crude Stocks Hold
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 1.786 million barrels in the week ending September 18. In the week prior, US crude oil inventories grew by a substantial 7.14 million barrels. Commercial crude oil inventories excluding the SPR have lost 39 million barrels over the last 23 weeks, but US crude inventories are up nearly 12 million for the year, according to API data, kept in check by draws from the SPR. For the week ending September 18, another 400,000 barrels left the SPR to…
OilPrice.com•Julianne Geiger