FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford
NEW YORK, - U.S. crude stocks fell last week while gasoline inventories decreased and distillate stocks built, data from industry group the American Petroleum Institute showed on Tuesday. Crude inventories fell by 3.5 million barrels in the week to August 16 to 439.8 million, compared with analysts’ expectations for a decrease of 1.9 million barrels. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 2.8 million barrels, API said.Gasoline stocks fell by 403,000 barrels, compared with analysts’ expectations in a Reuters poll for a 169,000-barrel gain.
Distillate fuels stockpiles, which include diesel and heating oil, rose by 1.8 million barrels, compared with expectations for a 314,000-barrel gain, the API data showed.Reporting by New York Energy Desk
We have more oil than water. Don't worry
Global extortion... black gold, tariff tea... ttumpisthedebtandtariffking 😂😂😂🍊💩🤡😂😂😂
You all really need to read the article before posting comments
What would they do now? Hit another country with a war?
Oh nooooo! The world is going to end!
Nobody wants oil now damaging the planet
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. removed almost 2.7 million barrels daily of Iranian oil from market: PompeoThe United States has removed nearly 2.7 million barrels of Iranian oil from glo... Every dollar counts and a retweet is also a donation Another fake news If so why there is no increase in the barrels from other countries!!
Read more »