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U.S. Crude Stocks Rise Despite Falling Refining Activity

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Energy ニュース

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.

 

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