America: An increase in crude oil and gasoline stocks and a decline in distillate products
Admin announced US Energy Information On Wednesday, Crude oil stocks and Gasoline in the United States, while Distillate products last week.
The administration stated that crude oil inventories rose by 574 thousand barrels to 427.5 million barrels last week, compared to expectations for a decrease of 821 thousand barrels.
It added that crude oil inventories at the delivery center in Cushing, Oklahoma, decreased by 457 thousand barrels during that week, indicating that crude consumption in refineries rose by 433 thousand barrels per day.
High operating rates Refineries
The administration explained that refinery operating rates rose by 1.8 percentage points, while gasoline inventories rose by 4.52 million barrels per week to 214.42 million barrels, compared to expectations for an increase of 1.5 million barrels.
The data also showed that distillate stocks, which include diesel and heating oil, decreased by 293 thousand barrels per week to 114.3 million barrels, compared to expectations for an increase of 0.7 million barrels. Barrels.
She indicated that net US imports of crude oil decreased by 470 thousand barrels per day to 2.37 million barrels per day.
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