Fuel stocks fell again last week as demand weakened

  • 📰 HoustonChron
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Consumers are buying less gasoline than in years past, but declining demand isn’t doing much to help U.S. stockpiles.

Gasoline demand is down around 6 percent compared to the same four-week period last year, according to Energy Department data released Wednesday. Demand for diesel and other distillates is down 9 percent.

Oil inventories fell 1 percent to 418 million barrels last week from 422 million barrels the week before, leaving stockpiles around 6 percent below normal for this time of year.Gasoline inventories fell 1.2 million barrels to 214.5 million barrels — 7 percent below the seasonal norm. Inventories of diesel and other distillates were flat, leaving stockpiles around 23 percent below normal.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 609. in BE

Belgique Dernières Nouvelles, Belgique Actualités