Wednesday, 14 May 2025 | 08:42
SPONSORS
View by:

US crude inventories post surprise draw, fuel stocks rise – EIA

Friday, 23 June 2023 | 00:00

U.S. crude stocks fell while gasoline and distillate inventories rose, the Energy Information Administration said on Thursday.

Crude inventories fell by 3.8 million barrels in the last week to 463.3 million barrels, compared with analysts’ expectations in a Reuters poll for a 0.3 million-barrel rise.

Crude stocks at the Cushing, Oklahoma, delivery hub fell by 98,000 barrels in the week to June 16, EIA said.

Refinery crude runs fell by 116,000 barrels per day in the last week, EIA said.

Refinery utilization rates fell by 0.6 percentage points in the week.

U.S. gasoline stocks rose by 0.5 million barrels in the week to 221.4 million barrels, the EIA said, compared with analysts’ expectations in a Reuters poll for a 0.1 million-barrel rise.​

Distillate stockpiles, which include diesel and heating oil, rose by 0.4 million barrels in the week to 114.3 million barrels, versus expectations for a 0.7 million-barrel rise, the EIA data showed.

Net U.S. crude imports fell by 1.49 million barrels per day, EIA said.
Source: Reuters (Reporting by Stephanie Kelly, Editing by Mark Potter)

Recent Videos

Hellenic Shipping News Worldwide Online Daily Newspaper on Hellenic and International Shipping
Next article
Back to list
Previous article

Newer news items:

Older news items:

Comments
SPONSORS

NEWSLETTER