U.S. Crude Stocks Rise Despite Falling Refining Activity

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 14 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 92%

Energy Nouvelles

Crude Oil,Inventory,Refinery

US crude oil inventories rose last week as refining activity decreased, while gasoline and distillate stocks fell. Despite the large build in stockpiles, oil futures pared some losses.

U.S. crude stocks rose as refining activity slipped last week, while gasoline and distillate inventories fell, the Energy Information Administration said on Wednesday.

Crude stocks at the Cushing, Oklahoma, delivery hub rose by 1.2 million barrels last week, the EIA said. Refinery crude runs fell by 101,000 barrels per day, while utilization rates fell by 0.9 percentage points to 86.7 per cent in the week, according to the EIA.

 

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:

 /  🏆 5. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

U.S. crude stocks, gasoline and distillate inventories rose last week: EIAU.S. crude inventories rose by 833,000 barrels to 419.1 million barrels in the week ending Sept. 6
La source: globeandmail - 🏆 5. / 92 Lire la suite »

Stock market today: Federal Reserve cuts interest rates by half a percentage point, stocks riseInvestors digested the Fed's first interest rate cut since 2020.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Stocks rise with jumbo Fed cut back on the tableThe stage is set for strong weekly wins after Wall Street's expectations for a 0.5% rate cut by the Fed shot up.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Yen Drops, Japan’s Stocks Rise as Takaichi Faces Ishiba in Vote(Bloomberg) -- The yen declined against the dollar and Japanese bond futures rose as Sanae Takaichi and Shigeru Ishiba headed to a run-off vote for the...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stocks, yuan, copper rise after China unveils stimulusThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
La source: KitcoNewsNOW - 🏆 13. / 78 Lire la suite »