News Formal

U.S. crude stocks, gasoline and distillate inventories fell last week, EIA says

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 17 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 92%

Energy News

Barrel,Week,Barrels

U.S. crude inventories fell by 2.5 million barrels to 457 million barrels in the week

U.S. crude oil, gasoline and distillate inventories fell last week as refining activity picked up, the Energy Information Administration said on Wednesday.

Refinery crude runs rose by 307,000 barrels per day, while refinery utilization rates rose by 1.9 percentage points in the week to 90.4% of total capacity, according to the EIA. U.S. gasoline and diesel futures also pared earlier losses, with gasoline futures turning positive after a surprise draw in inventories.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US crude stocks, gasoline and distillate inventories fall, EIA saysExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Oil prices inch up after data shows unexpected drop in U.S. crude stocksOil prices rose in early trade on Wednesday, adding to gains in the previous session, after industry data showed a surprise drop in U.S. crude stocks last...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »